Re: CUU 's sc true value?
posted on
Jan 14, 2014 03:31PM
"Parts of it would likely be be modified by a court (such as the 4 year clause as it would be unrealistic to be able to build a mine of this size in 4 years). It would never have had to go to court as Elmer has proven to be very reasonable to Teck, he would have of course extended it to 6-7 years without any fight at all. They even may have provided some releif to the 4x clause, but the part about walking and losing everything isn't something that expires as time passes. I'm not a lawyer though and just my opinion..."
That was not in Salazar agreement, I don't know how many times that needs to be brought up