Re: QB2 Slow Motion Disaster
in response to
by
posted on
Oct 25, 2023 05:29AM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
I took a look at some of those top messages of all time.
#1 Liddy's Q&A with Elmer:
Q: What is the status of our negotiations with Teck?
A: They are assessing their rights under the Option Agreement. I think they want to understand how we did the Feasibility Study, the logic behind it. Based on their questions I think they are trying to decide what they want to do with SC. They have 2 choices walk away or earn back their interest. I think they are trying to make their mind up as to what they are going.
Q: Are you happy with the progress CUU is making with Teck?
A: I’m very happy that Teck is having discussions with us regarding the earn back since we delivered the PFS to them. I am happy that Teck is seriously considering the project for a while. The fact that it has been approximately 2 months and we are still discussing, shows me, in my opinion, that they have a significant level of interest in the project and trying to make up their minds and decide what they are going to do.
THIS IS FROM 10+ YEARS AGO!!!!!!!!!!!
How does Elmer keep his job? Can you imagine the CEO of any other company still being so lost in the desert a decade after making statements like that? And what did he say earlier this year, Teck is a great partner and moving quickly, or something to that effect?
Are we being gaslighted here or what?