Re: ''bankable''
in response to
by
posted on
Feb 14, 2013 07:31PM
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%)
You don't drop the BFS off at the door and not leave, or expect to leave with the Liard shares in hand. It just doesn't work that way.
Is that what we did?
Teck wasn't involved with every bit of data and the preparation of every report up to and including closely working with Tetra Tech and then Merit on the FS?
They were suddenly confronted with this massive report, that was new to them and now they must take months to decide it is fits the contract minimum that has been flashing like a neon light above everybodies head for years?
And then, after months of review of a report that they had as much involvement with as CUU, they may deign to accept that CUU has earned their contract interest
...and endorse over the interests that were cleraly earned from the get go
You folkks are a heck of alot more trusting and patient than I
Teck does not want to release the shares because that might trigger a bidding war as it is validation of the project
As long as they can avoid that , they can control the dialogue and the CUU share price
Good luck folks, you will need it being this naive