I personaly don`t hold my breath with that report....but everyone here, knows the CUU story very well. Most in the market do not...but oh well let the chips falll were they may.
Elmer created the BFS for Teck....not the market
Elmer made the BFS with the numbers Teck wanted
With all this.....Elmer still IMO under valued Shaft Creek...."waste rock" issue.
BUT
Teck still took over 75%. Remember all the people that were saying they wouldn`t even back in or take just 20%. Well they were wrong....most here that believe in CUU were right.
Now I have had my faith in Elmer shake`in a few times and still do not understand some of his motives,,if there is any motive at all....I am still not convinced that Elmer and Teck have some sort of an agrement all ready, depending on Tecks drill results...but thats just my thoery.
As for Teck might not having enough money to buy us out????
Teck has many options....Teck bought back many of there own shares just a year ago....they can trade X amount of Laird shares and money or trade Teck shares for a buy out at "what ever ratio". They can just wait till it goes into production...who knows but 1 thing is forsure.
WE are anouther day closer to what ever decision Teck does.