Re: How about a nudge from the minority shareholders
in response to
by
posted on
Nov 26, 2012 07:44PM
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 am not at a point where I am ready to say the peer review is done. I also don't think that any high level discussions have been going on with Teck.
There's a lot that floats around the boards so maybe I'm wrong, but didn't someone say that Elmer said (broken telephone?) that Merit had completed their review in one week? Outside of that, didn't someone else report that Merit themselves had said that even the most detailed review shouldn't take longer than a month, and is usually less? If the above two are true, then they must be done the reviews. Even if they didn't start reviewing in September (I'd imagine they started earlier than that) they'd have to be done by now with those timelines. Double the expected timeline for mistakes and we should still have it by now.
At the worst, if they wanted to and wanted to appease shareholders they could give us JUST the mineplan. This was done in EARLY September. Finished. Done. 100%. More than likely reviewed. They could give us that and throw us a bone, but they've thrown us nothing. This leads me to believe they don't want to throw us anything because they can't. They can't because they are talking to Teck.