*My concern is whether a dividend to shareholders will be less than anticipated by most due to the likelihood of Elmer wanting the lions share if the Teck payout to remain in the company to finance exploration activities. The reveal of the new property raises a flag in this regard.

Nothing is certain that Ernesto's interest in CUU stems beyond cashing in his existing holdings. If he can't be counted on to finance new explorations, then Elmer will have to take advantage of the coming payout to ensure continued viability.

That's not to say that shareholders won't be able to access that remaining value to some extent through selling their shares subsequent to the "payout", but the value of those shares at that point will be anyone's guess.

Thoughts?" ZIRCARG

good morning everyone. follow the money post #22

it DEFINITELY is getting more exciting as we wait. in regards to the above post, there are NO FLAGS raised. here are a few points i would like to offer a different perspective from the above.

the dividend will NOT be based "on the likelihood of Elmer wanting the lions share ...to finance exploration activities". Ernesto holds the majority of shares so he will dictate what the size the dividend will be and NOT Elmer. so if Ernesto wants out, i'm sure the dividend will reflect that desire and be of maximum value.

BTW, if the dividend was less than maximum value, then it would mean that Ernesto and the other insiders WOULD BE FINANCING more than 65% of the new venture via allowing the dividend to be lower than a maximum payout. i really wouldn't mind to continue to follow the money(Ernesto's and David's) to the same proportion as i currently have in the FOX.

GLTA longs/folllow the money

hka