Chappy:

So they had a big meeting and looked at a early draft or a run down on how things are looking and decided that 1) things were not sexy enough and 2) something big had to happen to have a better kick at the can i.e. update the RE with the good Paramount drills, and come at the mine plan a whole other way. Maybe with a different cutoff for the RE? A minor change in the Cu Eq cutoff has pretty big changes - look at the sensitivity analysis in the 2008 PFS. I dont' see TCK having a problem with this. Why spend money going further down a bad road. Let's gear up for the faster lane.

Chappy, good explanation. That's exactly what it is. Of course the NR was true. At PDAC Elmer told me not to listen to anybody except for official news sources. I also believe that the delay was due to manshortage at TT and mediocre results.