... If there isn't, then I am an idiot and so is most every investor here. It hasn't happened to me yet but if Elmer is willing to give up Salazar for a base price of 20 million after spending 89 million, give up control, no Liard Shares, and all of a sudden buy a couple of sandlots in Arizona for something to keep the doors open, well...then I just got done over....
CG let's hope not - i remind myself that we at least own 25% of a large deposit; that Teck will prove up a larger and more profitable deposit (though i refuse to concur with some other posters on their enthusiasm that Teck would put SC into a mine in the near foreseeable future); the economy and metal prices will improve; that Elmer can convince the CUU board to agree to negotiate a buyout when the markets improve > thereby adhering to his saying we are not a miner (and that there really is a plan B).
If we're around next year, it will be interesting to see investor interest when CUU goes on the road, highlighting our JV with Teck - oh, and yes, the Arizona sandlots (lol).
and for what it matters, I also know in talking to a Teck employee, that Teck is very concerned about escalating operating costs in Chile, including staff unrest, onsite theft - all making BC copper operations more attractive to them.
glta
jaf