Unfortunately YM, Teck is like any other business. Which means their first and foremost concern is Profits/SH Value, unlike copper fox. Whether Teck is withholding data/results to benefit themselves, the reason they are able to do this and hold all the cards rests squarely on our own management and their inability to draft a competent JV agreement, and lacking the marbles to do anything otherwise. As I have said before, copper fox has no real plan for SC anymore. We basically are 100% at the mercy of Teck. We can only hope they act in good faith and provide more details and/or an out. JMHO
I had a chat with a buddy last week about investments. He very much opposes individual stocks and much prefers index funds/ETFs. He used a basic example of RBC’s US Index fund and the return for 2023 which was 22.5%. He asked whats cuu doing for 2023? We both took a gander and much to my non shock saw a loss of 21.74% for 2023. He asked how much I had in there… I scoffed and said oh well its only about 100k worth (which was a complete lie as I hold closer to 500k worth). He said well u lost out on almost 50k for the year, are you happy? I smiled and nodded, sipped my beer and felt almost nauseous at the fact it was much closer to 250k id lost out on… After such a long drawn out decline, even if this turned out to be a 10 bagger, with lost opportunity, inflation etc, it would only end up as a 2x maybe 3x return… how sad.