semantics
in response to
by
posted on
Sep 25, 2012 11:50AM
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%)
I can't remember if the news releases said the BFS would be completed by the end of September, or released by the end of the month. In any case, I think it was understood that we would see the report by that time.
I still see the potential of this company and am in too deep at this point and will be waiting this story out. Nothing has changed, and in fact the potential seems to be getting better and better over time.
Having said that, to not release the BFS on time is nothing short of incompetent (or deceptive) at this point. A man has nothing but his word, and if you say you're going to do something, you should do it. I don't care how many excuses or other circumstances there are. I'm sticking with this stock until the buyout, but if I don't see a BFS by October 1, I'll have lost a great deal of respect for the way this situation has been managed. The shareholders of this company deserve more transparency and management should be more accountable to live up to their promises.