Thanks for the report Pat

Do you know what Cathy's job is with CUU?

I would hope that she would call the guys at PDAC and advise all of them, with the same certainty, that the notice of a postive BFS, in accordance with the terms of the Salazar agreement was delivered to Teck on Feb 5

She appears to be the only person at CUU who is aware of this little nugget that has been the topic of nonstop speculation by..umm "investor boards are full of nonsence and should not be trusted"

And I would even offer a case that the delivery of the BFS, per the contract, is in fact a material event as several key events are tied to its delivery

Since somehow "They did have a 30-day grace period and they could have rejected the FS", the market should have been advised that tomorrow, assuming no rejection slip ,from TECK, CUU will have earned both the Direct and Indirect ownership interests that Teck currently holds in the Schaft Creek Project

That by April 5, Teck must prepare a Joint venture Agreement, embodying the terms of the Salazar Agreement

Also, by April 5, best efforts by both parties to conclude a new, superceding agreement to the existing Salazar Agreement, should be ujnderway

...and that Teck must decide no later that July 5 what their backin decision with regard to the Schaft Creek Project, now wholly owned by CUU, will be

Obviously the guys over at PDAC would be better prepared if she had told them about delivering the BFS.....