Elmer has made many claims not only over the phone but in AGM's which were total BS. He said two years ago he'd be done with drilling, have new numbers and a for sale sign would be out for our 25%. Still hasn't happened.
At some point EE has to pull the pin on Elmer and get a real CEO who has the chops to get a deal done, with or without Teck. Enough is enough.
Waiting another few years is a risk but the bigger problem is an impending reverse split which will then trickle back to where we are today and we're all left with a 1/10 of our investment. Elmer doesn't care, he's got a great paycheque for doing jack squat til he retires. I would bet he'll retire before this comes to a conclusion. What other job can you think of where a CEO has less accountability? EE needs to wake up.