Re: Protecting share price going forward
in response to
by
posted on
Jan 13, 2013 01:08PM
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%)
..."I'm sure Elmer has had an understanding with Teck to downplay our resource for a long time now. Teck is sure to be a little nervous with Copper Fox proudly proclaiming their milestone achievement at the upcoming resource conference ...
Hi Canada,
No disrespct to your statement and I welcome your opinions and insight, but while i can understand the reasoning for thinking Elmer may have been in 'collaboration' with Teck in downplaying the resource, wouldnt this be perceived as contradictory to due diligence and integrity in respecting and promoting shareholder value - or am i just being naive?
Downplaying the resource to appease Teck has been promoted by some, but then others have certainly identified the opposite, saying we shouldn't cater to Teck in the event we need to promote ourselves to institutional investors and alternative mining companies.
Just not sure.....
cheers
jaf