Re: Back home more thoughts. Spinning wheels
posted on
Jan 21, 2013 01:35AM
I agree totally with your statement. I also agree that Schaft is worth more than $2.00 , and I believe more than $3.00.
There should be no more dilution as Teck will be spending the money as it will be their mine. My take on conversations is that the outcome will be a complete buyout.
One question I forgot and will try to get an answer for myself is after buyout where will CUU stand financially. Imo we will still own the land out side of the 2km as Elmer showed me the areas to be drilled when we were discussing the root of this Polymorph system. Unless Teck takes it all and asks CUU to do another JV.
All I can reiterate again is how I felt after the talk with the guys. Happy confident and relaxed.