Teck spent almost 5 million last year with the same cut and paste " we continue to minimize expenditures on all our properties blah blah blah" but the money was spent on SC and the same the year before that.But they never mention how much they spend on us in their NR, why? Teck is spending more money on SC than any of their greenfield projects , SC is Tecks most advanced production ready project,we just need the final say for a production decision.

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Slushie, I don't know what to say...

I think they spelled it out about as clear as the priority of the project required. Maybe too blunt for you to accept?

If you are looking for a detailed report on what, why, when, etc. I don't think you are going to get it.

When the project moves up in priority - sure, but right now its on the back burner and its up to you to either accept it or continue to spin up theories why they are secretly making us a priority, bringing in a partner, planning a suprise buyout or hired paid bashers to promote secret agendas? Sometimes a duck is just a duck.

I have a question for you Slushie: If the optimizations were done and they look good - why would they not play them up (even just a little)? They really need some good news - especially now, and I think they would have used it if they could IMHO.

We don't really know what they are spending on the other greenfeild projects (is not Zafranal greenfield), but it was clear that Zafranal/Fort Hills are the priorities and where the developmental budget is going to go until things change with the market.

Teck states they are conserving cash, avoiding the use of their credit lines, trying to stay profitable, and maintain/improve debt rating. I didn't see even a hint of starting another multi-billion dollar project in the near future.

Pretty prudent IMHO, makes me feel safer as a Teck investor that they are being careful in this terrible market.

Not what I want to hear right now as a CF investor, but our day will come.