I don’t think that CUU management is as good as some of us here are believing. They were just lucky to find all this copper, they didn’t find this just because they are good. I believe they knew that there could be some copper but not so much of it and they definitely didn't know that there was so much silver.
Another thing that I don’t like is delaying the BFS for so long and not providing us with any related information. I mean it would be easier if they just told us what is going on :)
But really, if they provide us with more information it could help us to build a higher price and I think it could not be bad to have a higher price when the thing gets for sale. I am probably wrong, because I see it as too simple, there must be some game behind the low price, but we will probably find out soon.
Don’t get me wrong. I was buying CUU since 0.16 and I am all in to the end. And when we talk about the end I don’t believe Teck will buy us before CUU finishes updated RE.
According to webgogs' conversation with Elmer, Teck wanted another company to work on the updated RE so it’s obvious they will wait for it and then decide what to do. I believe they will buy us 100% just for the reasons that lletea stated a few days ago but it will not happen until the new RE.
Again, I believe delaying BFS is just buying time, to not spend 120 days before RE.