Meta just posted this over at SI, and it is something to think about:

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And since I really don't understand why it isn't in our interests and would probably stop our share price from setting daily annual lows

...why do folks believe we have not submitted the contract required Feasibility Notice

The positives are:

It is a required exhibit for delivering the Feasibility Study...no notice no study

Teck required to deliver earned Liard shares

We would be worth more with a significant asset on our balance sheet

Triggering mechanism for all the clocks in the contract, everything starts with the Feasibility Notice, not the Feasibility Study, without the notice, technically there is no Feasibility Study, 80 million for nothing

no 30, 60, 120 days for reviews...TECK not required to do anything and we can't offer it to another party because TECK has review period that starts...after they get the Feasibility Notice


As I understand it, we have not delivered the notice because:


If TECK was required to deliver the Liard shares they would have to pay taxes

If TECK was required to deliver the Liard shares, CUU would have to pay taxes

If the Liard shares were delivered it would be complicated

We would just have to return them when they back-in or buy-out our interest

We don't need to do this because TECK is fair with explorers

Only bashers would want such a ridiculous thing to be done

Although none of the made up dates have been recognized, we know that the 120 days is firm because_________________, besides since it is in the future, they haven't been able to miss it, so there is no need to worry

Our guys are "on the job"

It is better for our negotiations if we simply sit and grin