The program for SC is small because we are behind schedule. IR for Teck verified this and CUU stated what can be done to get caught up. So today we see they plan to get a bit more comprehensive. A $3 million program was expected. It's funny that Jason called "bunk" the idea that we would be at station keeping for the year. A comprimise of expectations has been reached.
Next year will be the begining of the sp rise. Teck will announce at the end of this year that the project has merit. (Also consider we could be bought for a 10% discount just on the currency difference alone.) Notice, Canada is approaching a balanced budget. Next year a surplus is expected. Surpluses pave the way for major infastructure grants. Note that Prosperity is on its heels rocked by enviro concerns. Despite the number of approvals it's black and white what can be approved and we like that. Looks like all the factors are coming together for 2015.
A long time back there was talk about the deposit extending under the mountain. More light has been shed there. It really does look to be a fact. That's an interesting conundrum. The pit slop doesn't address that. So how do they get at it? Means going deeper into the "blob" Remember the old "root" picture? They might have to explore deeper in 2015. If they get deeper they can infill with mountain material 30 years from now. Now that's a cost savings!
This is what Webs said. I never really take Webs seriously on his comments because he's all over the place when he types.
I do give him props that he predicted SP would drop of 25 cents last year. Look at where we are at now. I give him props for predicting it right.
I just hope he's wrong and that Teck will act sooner.