I'm trying to work up a little excitement over the Carmax deal but I just can't muster it.
You're not looking on the bright side, already today our share in Carmax is worth about 17% more than when CUU entered into the agreement.
I noticed their RE is calculated with copper at $4, so even worse than SC. I'm sure there is much greater potential at depth since Elmer always likes to drill deeper. I just wonder about the timeframe for this project? It looks like they're stacking up some projects for the Desert Fox spinoff.
I sure wish SC would get sold. I'm also looking forward to a definitive RE on Van Dyke because it should be coming relatively soon. I'm not very interested in vague future exploration potential.