You were incorrect in stating that a Back-in Option guaranteed a mine. After Back-in, Teck stilll reserved the production decision.
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Golfyeti, while you are technically correct, I don't think it is realistic to think that after 4x expenditures they could possibly walk. I think the Salazar offered realistic anti-mothball protection and certainty regarding us becoming a mine (even though technically they could back out, it would be a virtual certainty that they wouldn't).
That is a LOT of money to spend then walk, and if in fact they ever did we would have a much more valuable property with the new exploration, development and Liard shares.
How many here have stated that even Teck's 20 million back in plus 2013 drilling makes a strong argument that Teck will not shelve the project? I think to suggest Teck walking after a Salazar back in is a stretch.
Many blame our current share price on market conditions only and everything has went very well with this project, and although I do agree market conditions are a huge part of it - our lack of certainty is huge as well. If Teck gave us a positive production decision today I would bet we would jump to 80 cents minimum - probably even higher.
If this response isn't up to your required standards, I guess you can delete it or ban me? Unfortunately, a select few can control board sentiment.
If I don't share your point of view (which must be correct, right?) I don't deserve to share this board with you...