ECHARTERS Message Board - Msg: 27443496

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Gold/Mining/Energy : ECHARTERS

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To: E. Charters who wrote (3549)	6/19/2011 3:13:25 PM
From: Metacomet	1 Recommendation Read Replies (1) of 3744

CUU will probably have 2 major news releases this week. In no particular order, they will announce the results of an extensive aerial survey of their claim, less than 10% of which has been drilled. They will release an updated Resource Estimate on Schaft Creek. That will update these 2007 results: "Resource Estimate The measured and indicated resources at Schaft Creek include 1,393 billion tonnes including 7.7 billion pounds Copper, 8.1 million ounces Gold, 584 million pounds Molybdenum and 69.4 million ounces Silver at 0.2% Copper Equivalent cutoff. The 0.55% Copper Equivalent Cutoff indicates that a significant volume of higher-grade mineralization occurs in the deposit. A 0.35% Copper Equivalent has also been included to compare to the historical resource reported by AMCL and by Giroux and Ostensoe." stockhouse.com Both of which will increase pressure on Teck to back into their pre-agreed 70% of the mine, and probably attempt to buy the remaining 30% interest that would continue to be held by Copper Fox. An attempt that will be first dealt with by the geo insiders who own over 65%, and all us other longs, just along for the ride..

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