playing nice
in response to
by
posted on
Aug 05, 2012 04:37PM
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%)
is what our mgmt is doing. a favorable relationship with Teck which goes beyond this deal and well into the future is what is likely one of their thoughts. setting themselves up to for cuu2 through cuu?
i dont want to be a one-hit wonder company that then is scrambling trying to find partners in the future because i burnt a relationship bridge.
and if it means a little more delays then i'd like, or constant flow of info not being put out there for every armchair critic, then i'm ok with that. Lets give Elmer the chance. At the end we can critique him and make our determination of whether we feel he achieved the best shareholder value. And that 'value' may just include more than what we are lookng at today.
fire