Was CUU under the gun to produce this BFS sooner than later? Could we have waited a year or two and do exactly what Teck has now drilled plus plus further drilling to move over our 172 mill tonnes into the proven category?

If we had the time I am sure ES would of put another 10 million to double our resources. create much more value, maintain a higher share price, produce a BFS that was closer to neg. cost copper. EE paper profit has fallen about over $500 million from our high of about $2.70 [2.70 -.34= $2.36 X 226 MILL SHARES = $536 mill and about $174 mill from our 1 yr high. WOW If I was a billionaire, I think I would of added 10-20 million to get that BFS Elmer was talking about and protect/secure my potential paper profit by creating more value

So in hindsight why didnt we wait to produce a killer BFS as we expected. Did ES make a mistake or maybe it wouldnt of mattered. Teck would only pay so much, EE was happy and is now waiting for the deal to be consumated at a his price. I still believe that to be at least 5 times todays price. There was a reason we stopped in proving up more resources. ES said the next owners can drill forever, enough is enough, was he right?

I dont believe ES and EE made these mistakes. I still believe they are in blackout. They just excerised at.45 cents and no insider is buying at .32-35 cents. That puzzels me, so I think they are waiting on some event [examp. core results, EA ?] just like us and cant talk and cant buy in the market.

Lots of questions, no sure answers, but these signals keep me optimistic for the days ahead.

R