"insiders blacked out"... "insiders not buying... must mean something"
How much can we bank on that kind of conjecture? Every time we have an intermission in insider buying the speculation starts. This has been going on almost weekly since this spring on the other BB.
Ernesto has put up more PP cash more times than I have been to an ATM this year! He has also bought a lot on the open market. Elmer picked up 100 k shares a few months ago. Etc etc. At some point, even this kind of buying from insiders with deep pockets or 'in the know" needs to take a break. I don't read anything more into this intermission than that.
EE may simply see that any money he puts into CUU will be rewarded sooner than other investments - a quick return (vrs a '10 bagger' from here). That is a possibility and more probable than an imminent deal.
I do think that TCK could decide it has seen enough and may make a deal before BFS. But I place a much higher probability of any TCK move coming after BFS delivery. The BFS doc can be used to justify its move with shareholders, potential partners and lines of credit.
Everyone here seems to be looking at CUU with rose coloured glasses instead of good clear lenses that evaluate the macro situation (Europe, China, Mid East...), our current technical situation with our SP, and CUU's economics. I dont' think the BFS was delayed for any other reason than more work is required. Two geotech/exploration drills just finished up in late November; it will take a while to get the assays and engineering data out of them and work that into the BFS. That is the more plausible reason for our delay; it's pretty simple.
I am still keen on CUU. The last NR was quite good IMO - apart from delaying BFS. I wasn't surprised by the delay. We will hit the finish line soon enough. In the mean time, I am trying to keep things simple and look at the facts for what they are and treat this pause in insider buying as a simple intermission - and hope than I am wrong LOL!