I should post all the opinions I got this last month. That would start a ruckus for sure. But, we all know what one Cook says and we've heard from Mickey Phelps through Vette.

So the real for for the weekend thought is why didn't we get the prelim today? The impact of this delay is that we are going into a bad time for deal making. We are not immune to the vaguaries of the market. The rally we should have seen came in Sept!! That's traditionally the worst month. Then there is a flury of trading leading up to TLS where people jockey for position in anticipation of what they have to sell and where they want to stay longer. Ie, the retail shift heading into Dec. Tech toys etc. From my point of view and supported by many others, we have a compressed cycle. While some say 5-10% I'm thinking more like 25%.

Some time back I wrote that specific signs had to start appearing or I'd be on the sidelines. Turns out that was good advise. Seasonal gold came late and is terminating early. The QE didn't really push us up but the price of gas reacted instantly. While the consumption is falling they won't budge on the price. I've said this many times before. It's your goverment, Stupid. Just a quick digression here. The hidden tax of inflation robs people of trillions and the fradulent fuel prices and carbon inputs are just another robbery. But you voted for it!

What this does is it robs people of the ability to buy a copper fitting for their toilet plumbing and instead, they reach for a pex pipe. As these prices are also inflated the total effect is they just have to buy less. This reduces the demand for copper. I'm sure you all read that Toyota is calling the electric car dead on arrival. This is just another factor that will lead to a sudden drop in copper prices. Yes we will recover fast but the next echo will be right on it's heels. The next one might be the big one.

While jobs number didn't really increase the jobless numbers decreased. This is a red flag in Canada. It's not even the Us government hidding more of them in education etc. What it is is the people undermining the government by looking after themselves. Incidentally, the crime numbers are down. These two facts indicate a shift in thinking.

"Though September job growth was close to expectations, several facets of the report, particularly the large drop in the unemployment rate to 7.8 percent, suggested that the Fed was closer to the exit window," he said, referring to the Federal Reserve's program of unconventional monetary easing."

These are the rats who abandon the ship before that captain knows it's sinking. We are seeing an explosion of black market/ farmers market activities in Canada. For those of you who don't know this. A Landrace Berkshire cross pigglet is $75. At butcher expect to pay over $200. That gives the farmer about $25 a pig. (Nothing after the gas fraud at the pumps.) So farm factory pigs need to cost $300 each! I know this means diddle to you. But, $10 for bacon will get your attention!

The meat scandal we are now facing was not an accident. Don't believe me? Call your MP for an explanation as to why there was a big beef sale right after the USA banned our beef. Only 5 weeks later were Canadians told to return the meat for refund. Did/do you keep grocery receipts? Doh, another fraud by your lovely government. So what does this do? It sets up a bust for farmers who have to cull herds. Then comes a huge price spike. Once again, think about the guy who needs to do some plumbing.

I have more examples of this. We are being screwed. It's death by a thousand cuts. At the end of the tunnel, base supports like copper. Feel like your being herded? You are!

So while cuu fiddles Rome is burning. They know it and we should know it. Are we that stuck between a rock and a copper buyer? I'm beginning to think we stood a better chance selling off our control. Sometimes time exceeds potential and we passed that mark last month.

You all probably saw the hype around the US debate. What a stinker. That one rated as the most boring in the recorded records of boring. Did they intend that? Yup. Even notice that when a movie is over advertised it really sucks? Hmmmm. Is this the new face of American politics? I say yes. The two sides while appearing to be seperate are going public with cooperation. In Roman times this only became apparent when a certain dictator became Dictator for Life. I won't be surprised to see a modern version of this declared under the war act of 2013.

All around us we are seeing a steady march towards ultra fascism. Our incomes are being erroded while prices rise in a period of falling demand. Oh oh, inflation they claim. Really, are we that stupid? Sure they are erroding the value of a buck and have been for 100 years. Does that mean cost should rise while demand falls? Nope, if anything they price should stay the same before it also deflates. So as much as people are claiming $9000/t copper I say 9000 what. We are about to lose 25% of our buying power and an additional 40% from the price of materials. these two things don't logically go together and yet there is is, in your face.

So I'm begining to question the wisdom of stalling us to the point of collapse. And collapse is coming. I speak for the people who are just barely holding on and can't ride out a decade long restructuring. Great place to hide money if you can afford that. Many needed the money yesterday. If there's no deal by the end of the month you can expect that a future deal in the next month will earn a few dollars. Each month following will reduce the returns rapidly. They must know this. So why are they fiddling? Will they be kicking themselves for not going to the market for an offer? I think that may just be so.

So far on the macro picture I'm happy with my estimates of what would happen. It gives me calm knowing how this is going to unfold and at what pace. As you know, the EU and others are only able to tread water. They are not making gains. The undercurrents of the people's actions is the only positive ray of light in all of it but that doesn't help us as investors. And on that note, too little too late. Most people will suffer greatly.

The unified front on the American political scene will be another attempt to calm world fears. The message they want to send is "see, we are not that far apart". This is intended to counter the last 4 years of the Republican(tiles) blocking everything in the the house. You will see a more unified EU too. These will be the final signs that things have slipped beyond their control. I'm expecting these things to continue to ramp up over the coming months. When I told my friends to expect Syria to lob granades at Turkey (false flag attack) as a way to draw international support for all out war many laughed. "Of here he goes again, get your tinfoil hats on". Well, not so funny now. Believe it or not there's still people who deny the Armenian genocide. So as I wrote in a past post, there will be people who refuse to see the writting an the walls even while the walls fall on them.

I'm not the instrument of this design. I'm just sharing my opinions. There will be people here who try to find the slightest error and hold that up to say all of this is wrong. Lawyers argue "a point" when they know they will lose on "the point" of a case. Don't be fooled by these people. It may not be doom and gloom today but the clouds are getting darker. It's time we demand accountability from the company. We can do that. It is our right to do just that.

I'm putting this here in this style as opposed to just listing fact after fact and link after link so as to get an opinion across. While I present a conclusion I do not mean to say that it is an absolute. There's a lot more than 50 shades of grey here.

On the subject of where I think the company is at.

I don't think they have found any serious flaws. This has been vetted 3 times already. I do think Merit is the ref. I do think the team is prepping for final negotiations. I do think we went wayyyyy over time and it's time to cut the crap. I think we are in a very dangerous position because of this lack of forsight. There's a rare bread who want to cut deals during an election period and I think that's borderline stupid. Also, in the impossibly stupid catagory. Guess where we end up if this gets dragged out? that's right, in the middle of the BC electon. I feel like phone Elmer up and asking if they have all gone retarded or something. Maybe it's something they ate. You'd have to be out of control to allow such a set up. If Teck's behind manouvering us into such a perposterous timing then we should have gone out for a buyer much earlier. How do we sell that load of garbage like this to a buyer. Let's see. Buy us and negotiate with Teck into a USA election or take your chances with the BC election. Good F. Grief. What have they done? We pi$$ed away a dominant position?

So if we're not gone before the end of Oct. we are in big do do. Oh we'll sell alright but at Stockhouse prices. We'll be lucky to make a buck profit after two years for some.

Because of all of this I think we must be negotiating and very close to a deal. I have some signs that indicate to me that they are talking. I just hope they can conclude it asap. Failure to release the BFS or meet any deadlines in the last year (except once) shows me they are impaired by other activities. There's only one constant I can think of. A deal in the making.