It's pretty obvious what path we are taking. Since our other operation would be mining that leaves us with just the developer angle. Can we rival Hunter Dickson? That would be a stiff course. HD got a big bang from Eskay then pumped out propeties and mines at a tremendous pace. E y e d u n n o if we can succeed but we have the talent to try beat that track record.

A share buy back is probably in the works. We should get a % of our shares retained in cuu shares as the co goes forward. We are and will dilute more before this is over but the value will be retained in the company. The market may not support the full value of the retained cash but if you're up for a round 2 then you know it will return. Hell, round 3 and 4 will also return. Some are going to question how much time Elmer has left on the clock for this. If he kicked off in a few year the company could get punished in the markets etc. Who would replace him? etc. I think we can safely bet on 6 years. After that the next 6 years would be a bit more of a risk. 6 more years and he should be looking at depends and pijammas (Elmer, just kidding lol). A span of 18 years should get us about 6 mines and 12 major properties developed for our customer list. That's a turn over per year.

What we have to expect to ride this train is retained earnings or dilution based on past performance. The company should go get 24 million off EE and charge it to SC. Then he can get paid out and CUU will be fully cashed up for the next round. That way EE doesn't have to be the defacto owner. That way, the company can be a real public instrument. Should we need him or should he want a PP then it can come about in the normal way. We'd again have the least cost borrowing on the market.

What 33 million now in the big picture? You all know cash is king in this market place. There's going to be a lot of small firms who starve to death. The only ones who will get attention are guys with good ground and fat cash. I don't see us trying to windfall off Teck. I see us pricing this for an industry standard so the future customers appreciate us. This is why I think and stand behind the idea of a ready made deal on a sliding scale. We've demonstrated contractual flexibility already and we are prepared to spend more to make it right. A lot of the so called FS errors are companies saying they have spent too much already. Sure some are just rubbish but we all know who the FS prep co's are and it's a limited number. So we dilute more to make our customer happy. Makes us grumpy but gets us sold and sets a standard.

I'm pretty sure Elmer wants us to consider this direction for the retained name. CUU. He's obviously examine the other avenues and chose this as the way forward. He's going to want feedback. Good and bad. If he gets a lot of negative press from us he will have to take that into consideration and possibly give some more details on how he plans to implement this. Hell, he might even explain himself. Lot's of people wanted and expected that we would not be continuing. No robbing of the past success to start a new venture. I'm sure some people will feel cheated over this if the sp drops on the new start with retained cash. They will grumble and say they were not given the option. I say wait 6 months and re-enter so you can make gains as the next property closes. You know the patterns now.