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12/06/09 4:10 AM

#45308 RE: Panson #45307

Here is a link to a Sep 8. 2005 Appraisal for WUCC by Joe Dunlop

http://www.scribd.com/doc/8058165/Western-Utah-Copper-property-appraisal-Milford-Utah

On Page 67 of this document, you will find these estimates:

Product_____Quantity_______Unit-Price___Total-Value
Copper____2,436,200,000_lbs__$1.65_____$4,019,730.000
Gold___________757,500_oz___$460.00___$348,450.000
Silver_______106,140,000_oz___$7.20_____$764,208.000
Tungsten_____95,126,000_lbs__$145.00___$13,793,270,000
Molybdenum___8,208,000_lbs__$35.00____$287,280,000


Note that all prices and values shown are from 2005. Of course, this does not include any of the newer facilities (Equipment, Mill, Buildings, etc), since they were added later. You can find current Prices for most of the minerals here: http://www.mineralprices.com/