Re: This week?
in response to
by
posted on
Nov 18, 2012 10:29PM
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%)
My gut said yes, coming out this week. They've had ample time to do the review thoroughly. Besides that there has been a definite change of tone coming out of management ( have been advised by legal not to say anything further - so we are told ) Also, Elmer seems to have much more time on his hands to do a meet and greet in Arizona and also attend a conference on Thurs night with the CEO of Teck - hmmm. Just a few weeks ago, Elmer was so busy that he couldn't even attend the resource show. My gut also tells me a deal is brewing behind the scenes as well so we may get an offer shortly after BFS release.
Also another rumour ( this is just rumour with nothing to back this up except whispers from a blog ) that Elmer met with Don Lindsey on Friday ... another hmmm. Why would Elmer meet with Don? To get bad news that the BFS was not acceptable? Naahhh, I don't buy it. If the BFS was not acceptable you would not hear it from the highest executive but someone lower down the chain like a VP or senior engineer in charge of the review. CEOs meet with other CEOs for the most important decisions... So before eveyone inboxes me about this, again this is just my speculation about an unsubstantiated rumour. Ok, can't wait to see what next week brings. :)