Agree with the notion of getting the BFS correct and having basically one shot at it. The reRE too. Copper Fox isn't the best (or the worst) in the investor relations dept., even though they don't have to be really great because of insider ownership. Thinking back to the RE 2011 when the Measured mineral resources went down. This was to make the payback more economical, but people sold off anyway not really getting it ... at least this was a major reason I believe (and/or market sentiment overall).
Hopefully the reRE will have higher grades and Measured mineral resources, and I think both will be better. But if it isn't out of the ballpark, we need some savvy marketing (especially in these markets!) to clearly explain to the market why this still is a fabulous resource and getting better each month. Not everyone is going to take the time to do in-depth research so management has to sell their story even more effectively, imo. I still think this is important to get the SP back to somewhere more reasonable even if Teck is planning to take the whole area out.
Here's to hoping for a nice increase in our Measured category and the Indicated. Then to a BFS that makes good economic sense.