Timelines
posted on
Dec 21, 2011 03:50PM
I am going to hold true to my environmental buyout time line. Knowing that we can't drill or build mines in the winter I know teck knows this. By contract teck has a time line to build the mine and we won't have power for a year and a half (ntl). Cuu will keep proving the ground if there is no deal on the table they do not plan to be a mining company, just an exploring company. I can see 75% backin and keeping cuu onboard with 23% to prove the remaining properties keeping true to the company's strategy. Further i expect the bfs to be released at the earliest near the end of January to the to the end of February. . A January date means teck will utilize the 120 days to make their decision and begin mine construction in march, the spring. I see February as a more likely time frame but teck can come in any day now. There is no doubt in my mind that teck is backing in. Look at the $600,000 gamble with Strait copper gold mining.