Re: ... The fact that we are hearing very material information may not be made public and known to shareholders is very concerning as the value added from those studies will dramatically change the way we look at the Schaft Creek mine in connection to value and economics.
Could Teck keep the information from going public by agreeing to a buyout price at that time? That is, Teck would share the information with CUU management - Teck/CUU would at that time agree to a buyout at $X.XX. Since CUU is a private company (over 50% owned by insiders), Teck has disclosed the information which would normally have to be shared with us but due to the buyout, they would forgo having to release the information to us. If CUU wasn't majority owned by insiders then I couldn't see this working.
Is this possible?
I agree that the JV doesn't seem to be working towards to creating shareholder value by working towards a public document (new FS?) that shows the improvements of the enhancements. It seems straightforward that so much shareholder value if the JV was clearly working towards a new FS document after the recommended improvements are done - or even just the 171 MT waste rock. As it is, they are working towards the improvemnents but seem to want to keep this private - We have no idea of the kind of improvements Teck is working - we have no idea of the time frame they are working towards.