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To: marcos who wrote (31905)2/5/2007 1:11:40 AM
From: hank2010  Read Replies (1) | Respond to of 78422
 
Marcos: Is CRO's Kenbridge property on an island in the lake that is the source of water supply for the city of Winnipeg? I may be mixing things up, but I stayed away from it for that reason.



To: marcos who wrote (31905)2/5/2007 8:49:01 AM
From: Mr. Aloha  Read Replies (1) | Respond to of 78422
 
CUU is much more advanced. They proved up the enormous Schaft Creek mineralization and did a preliminary assessment (scoping study) over 2 years ago, and could complete their prefeasibility study this quarter. In addition, any dilution they do to advance their project will likely be paid back 4x when Teck exercises their back-in option. It's a much different situation than earlier stage projects.

However, because they will need a good amount more dilution before proving feasibility, that and Teck's back-in option need to be factored in when comparing it to more advanced projects. Even after factoring those in, CUU's an incredible value, IMO.