The company finally provided an update after months of silence. The news was typical as it lacked real details and information on what is happening. I wonder if shareholders put pressure for a news release? It seemed forced. Let’s hope our board is actively pursuing some leads for interest in our project. I like the idea of an auction type strategy like how Teck is doing now with QB2....May the best price win kind of thing. Majors (several of them) are ACTIVELY looking to acquire good projects in safe jurisdictions! (HELLO, SC IN CANADA).
Our asset is a turn-key mine that is post feasibility engaged in detailed engineering studies with First Nation and government support! No brainer for the majors. Again, I like the auction approach.....bids equals higher buyout price. Elmer please look into this or better yet.....contact these players that Are hurry for good projects.
https://www.reuters.com/article/us-lundin-min-ceo/lundin-mining-has-hefty-ma-appetite-for-copper-says-incoming-ceo-idUSKCN1LT31F
https://www.reuters.com/article/us-teck-resources-m-a-chile/tecks-copper-project-attracts-interest-before-end-september-deadline-sources-idUSKCN1LT2QJ