Re: Just spoke to Elmer on his cell-Vindication!
in response to
by
posted on
Jan 21, 2013 12:41PM
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%)
Well, Elmer and Mike always did say not to believe anything that doesn't come from their office directly to my ears. Very suprised that there could have been a misunderstanding on the 30 day time-out. I will admit, for all the times I have talked to Elmer, I never heard of this being a factor at all and I have to say, I was a little discouraged last night because if this was a valid condition in the agreement, it never was mentioned. Mike and Elmer would have known about it, and I am guilty of thinking they weren't giving us full disclosure. I bought additional shares recently, counting on the Teck timeclock to start very shortly, and was nicely miffed last night about a possible delay of 30 more days. Lesson learned. My fault. And as for those who say why trust Vette to get this right instead of calling myself, well, he is a proven performer and that's all I need. Some of you may want to confirm this directly yourself. To me, that 30 day extra window was not so much about additional timeline, but management credibility. So thanks Vette ... very much!