As far as I'm concerned as long as it is sincere then anything can be said. (Having said this, it is not sincere to be name-calling like we're in kindergarten or repeating the same thing over and over.)

A sincere expression of disappointment is fine too. We're supposed to be sharing information and DD here and so along the way we make tentative friendships. Sometimes we vent.

I take more of the blame on myself for being invested when the disappointing FS was released that was the beginning of the negative cost problem. I was paying so much attention to the CAPEX to ensure it wasn't getting out of hand that I forgot to think about the OPEX. All my questions to management focussed on the CAPEX.

As well, and more relevantly, I didn't factor in that all the material might not make it into the Measured, Indicated and Inferred categories and therefore that the end results could be affected so harshly. This single lesson is helping me with every other investment I make because now I know there can be a huge difference between the pre-FS minerals and the FS minerals. Bottom-line this is the point of the FS and so I should have realized it was possible to lose a lot along the way.

When did Elmer know this was a problem and would affect the end results? I guess that is an important question that will probably never get answered. (Was he able, given the blackout, to tell us anyway? Why did the BMO report remain?) I think the FS numbers were the ultimate problem and the delays into world-wide financial ruin was relevant only to our current stock price, but not to our actual buy-out value.

Given the disappointing FS though I'm pleased that Teck backed in, paid us a substantial amount of money intended to prevent further dilution and is now the operator.