posted on
May 23, 2014 07:59AM
Hi Prospekt
Elmer and Kathy were there from management. Ernesto,Mike Smith, and Hector(acted as secretary)were the directors present.
Re:BCHydro - some comments made about "connection studies being conducted" and that we did not lose our place in the line for power
Re:EA- as BigBuck stated,nothing to happen there until after Teck's optimization study . Current BFS throughput of 130000 tons per day could be increased, and if so, then a new EA would be needed Also discussed current political situation in BC, Current Liberal govt.was more favorable to mining projects while NDP less so. I.e. in 2017 there would be another prov election that could make obtaining the EA more difficult. However; if an EA had been granted earlier before a change in govt then the EA could not be reversed by the new govt. So Teck could have some concerns in this area if they wanted to delay and proceed with Schaft at a later date.
Re:MooseMountainValuation- nothing mentioned but i think would need Teck's optimization study info to enhance our value
GLTALongs hkahka