Greetings to all..
All opinions notwithstanding, the one catalyst many seem not to take into consideration is the fact that uno persona, and that individual only, will have the final say as to what the final outcome will be vis-a-vis any future direction of our company (CUU)...i.e., Mr. Ernesto F. Echavarria ...
The man knows exactly what the probabilities are for future developments in this "district"..
As such, expect that Teck will only be able to exercise their 75% max ...There will be NO CUU takeover...
CUU will retain its ~25% interest...
Why??
Perhaps self-evident...
Say, you owned what Mr. Echavarria owned and while at the same time had an indepth understanding of the future possibilities of the remaining mostly unexplored areas of the SC property, would you trade off your ownership for what you consider to be a pittance...
I wouldn't ... Nor do I think Mr. Echavarria would either...
So, what I feel we'll see happening here is that:
1) Teck will come back into the fold with their offer of 75%
2) CUU will retain their ~25% ownership (this is a given)
3) Tech and/or CIC (or another entity) will JV that 75% - 17% or whatever...
4) CUU will again JV with Teck and any of their JV partners as the exploration arm for this particular district...
5) Mr. Echavarria will be offered a postion on the board of Teck...
Hey...If you were Mr. Echavarria, would you have a problem with this type of scenario..??
Regards...
Guy..