"The SP keeps falling because the company has repeatedly for years failed to perform what they promised, and recently have virtually gone "dark" about their past and present activities and their future plans.

Markets hate uncertainty more than the perceived worst case scenario. The company's absolute dead silence about recent activities/progess or the outcome of the last two JV meetings is more damaging to the SP than anything negative anyone or the company could say."

Good post Golf. Kind of sums things up. I don't think shareholders matter much to this company anymore and it's reflected in the lack of any meaningful plan or progress or even an infomation update. I called my Teck neighbour this past weekend and he has heard absolutely nothing about a plan or any work being done at Schaft Creek. We seem to have gone from updates where the disclaimer was longer and held more information than the actual update to nothing at all....