Question was asked about Schaft. Phase I for 10k metres is the current plan. Goal is to expand the resources. No real plan for Phase II. I didn't get the sense that they have any plan for phase II this year.

There is a limit to how Paramount can contribute to a starter pit. Both the 2002 & 2102 plans have pits startign early in the Paramount area. Unfortunately, this is where the mountain rises the steepest to the east and to the north. This makes soley concentrating on Paramount difficult as it would exacerbate the challenges with the north and NE pit walls.

https://docs.google.com/file/d/0By_GKXYKkHPQVHpzeU9hUVZhS28/edit?usp=sharing

Just to clarify....They are drilling within the pit shell of both the 2012 and the 2002 mine plans. The mineralization - the chargeability at least - extends into the mountain but not through it. They did an IP in 2009 on the real east side of the ridge but didn't find much. The untested east side of Paramount is wholly on the west side of the ridge.

That said, the rationale for drilling where they are planning fits into a lot (if not all) of what BCmetallurgist said about improving the mine plan. The current mine plan has the rim of the pit more or less at the very ridgeline of Mt Lacasse and the 'saddle' (pass) to the east of Main/Liard. If the 2013 drilling is successful at finding good mineralization, then they will be able to justify extending the mine plan to the east - and down the east slope. That will decrease the height of the east pit wall and reduce a lot of material treated as waste.

"i spoke to him the other day and he mentioned that if teck hasnt started drilling yet they should be any day know, he just doesn't know teck's day to day schedule."....

The only real asset we have is 25% of Schaft Creek and the only near term catalyst is good drill results and Mike doesn't have a clue about what Teck is doing at Schaft? It isn't Teck's day to day schedule, it's ours too. These guys should be a bit more on top of things. It isn't that much for them to get a quick internal update every couple of days.

I wonder if CUU even has a copy of the drill plan.

Does anyone know how many shareholders it takes to call an AGM?

another question...

What is the plan for Sombrero Butte and Van Dyke for the next year?

They may also hold off the AGM as long as they can to try and get the EA submission in. The warrants they extended and repriced might need that kind of delivery to garner shareholder support. I believe the debate on voting resulted with the notion that EE can't vote on the warrants as he would be in conflict. A few positive drill results couldn't hurt either.