Email to CUU
posted on
Mar 20, 2012 12:36PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
Email sent to CUU in the early hours of this morning, wondering if they will answer it:
To CUU Management: To say things went to hell in a
: handbasket on March 19 for the ordinary shareholder is a
: huge understatement. The BFS has been promised for more
: than 15 months if my memory serves me correct, and to read
: that is not ready for Q1, after being delayed from Q4
: 2011, is a kick in the stomach. Senior CUU managment has
: lost a lot of credibility, and I'd like some answers:
:
: Exactly where, in as simple an explanation as possible,
: are things at with the BFS?
: Why, in the last week, has it suddenly been discovered
: that the BFS will be two months behind. Haven't CUU
: management been keeping on top of things like they said
: they were and promising, and promising, and promising the
: Q1 BFS release?
: When was the last time CUU had a high level meeting with
: Tetra Tech?
: What are Mr. Gray's activities?
: How is Mr. Gray maintaining oversight?
: How often will Mr. Gray be reporting to CUU management?
: How can CUU be sure that everything is being carefully scrutinized at TT?
: How can CUU be absolutely sure that TT is still not
: short-staffed and misleading us? This cannot be good
: public relations for Tetra Tech. In fact, I would have
: thought they may just lose a lot of business over their
: incompetence, and a possible lawsuit might not be out of
: the question given the slamming of CUU's stock into the
: ground.
:
: It seems to me that there are extremely
: mysterious reasons for not releasing the Q1 BFS -- so the
: last question -- is the non-release of the BFS in any way
: kowtowing to the wishes of Tech?
:
: As a retired project manager, my job would have been
: forfeit if I'd pulled this stunt on shareholders. And as a
: shareholder of CUU for 3 years now, I would like to have
: these questions answered, please and thank you.