Re: How about a nudge from the minority shareholders
in response to
by
posted on
Nov 26, 2012 05:56PM
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%)
The Teck negotiatiions are probably why I don't have the information, but it isn't clear to me why I need to stay in the dark for their benefit
I'm torn on this issue as well. On the one hand, it's foolish to cater to Teck at the expense of our share price. We are near 52 week lows and Elmer's first priority should be us shareholders. If we've got good news, let's release it. On the other hand, we're worth more to Teck than anyone else so it's worth playing nice with them as long as possible. It's a fine line to walk.