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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%)

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Message: Re: BFS Completion
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Dec 01, 2012 11:37AM
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Dec 01, 2012 12:12PM

I think you are probably right on, in all points

My question would be, why then is the BFS being held from public disclosure?

I continue to maintain that the release of the BFS is a seperate activity from the Teck discussions

Teck would be free to ask whatever they want, and maintain all of their rights even after the BFS was released

It doesn't make sense to me why there would be fear of a market reaction to the data

If the numbers are so good that we get a frenzy, explain the downside to me

Are we really worried that the market will place a value on the shares that Teck is uncomfortable with?

I thought that was the desired result

...and no I don't accept that the we should be blacked out for own good

That is nonsense

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