Prediction
posted on
Sep 10, 2012 11:17PM
Simple prediction. Teck buys SC and the land that's 2km/in the option surrounding it. They partner up/sell a portion of the 100% and partner up.
What may be leading to a snag is the rest of our BC lands. This may be too pricey or not proven up enough for Teck to want it for our asking price. Elmer probably wants to sell the whole BC area at once and explore Arizona. Perhaps we'll have to sell the rest peice meal or maybe we'll explore it a bit before doing so.
This leads to a liquidity event in the sale of SC + Option lands, but for not as high of a sales price ($3-5). However we'll still have land that may be attempted to be sold now or explored further. We'll start (or go full throttle) with Arizona once BC is over.