It's official. They will buy more. They had hoped to catch the 4 horesmen dumping. I expect stealth buying to begin this week. It should be interesting to see how much they will buy.

On another note. A friend had her broker look into teck for that perspective on cuu. He's concluded they will buy us out. I asked her to find out how he sees the deal going down. Ie, full take out etc. We have a lot more than just the main deposit. If they let paget confirm the Mess Creek connection we may get an offer for more just because of the inferred connection. All the geology suggests there's gold and .46 copper there too. It's deep but it's there. The broker sees this as an important milestone for Teck. Other minds seem to think this is worth 4 bucks to Teck's sp. Some have suggested that Barrik could use a stake in the gold portion and have an increasing interest in the copper. It's possible they may for a JV for the entire district.

I don't have any direct evidence for Barrik yet. The arguements are fairly good. I would have thought Nova spun copper off so they could do the JV. I thought that was the real idea behind it. It's been pointed out to me that the district needs 15 billion. A half measure won't really do the trick. The lack of leakage suggest that the super powers are talking directly. They would be looking at all the players in contact with our deposits and that includes the Galore deposit. This would unfold within 6 months of our take out. It would amount to one of the biggest buying sprees Canada has ever seen. The Feds are in cahoots with them too. The rumblings about getting rid of red tape redundancies are directly aimed at mining and not just the pipe line. Mining is our biggest asset. The BC Libs are also on board. They too see this as the saving throw for the upcoming financial mess. They have been busy securing buyers for the concentrate.

Yes, I have been trickling back in on both accounts. I don't foresee a cheaper price coming. Yes, the Greeks could still stick it to us Greek style and the arguements that they can't save themselves short of total default are correct. I don't see them rallying after default either unlike other countries who've been down this road. I do see this coming in waves that the markets can handle. It will have an impact but there are other more troubling events yet to come. I suspect the super powers will complete this deal before cash becomes harder to come by. April should still be a good indicator but the deal must be done by May. That means we will know how much we're getting early.