I said it a while back: "the closer we get to buyout, the less we'll understand what is going on".
We can look at the PP and the extention of the options all kinds of ways - good or bad. More dilution at a low price but EE's still supporting our purse etc etc. It isn't a fantastic amount of money in either the PP or the warrent extension and we 'disinterested' folks get to vote on the later at the AGM (tba).
I feet RabidTiger's fustration with the timinging and the price for the PP. A few weeks ago or a few maybe days after we give notice to teck we would have much less dilution. It might be a last pat on EE's shoulder before we drop notice real quick or it could simply be getting a smallish packet of cash for CUU's ordinary business for the next several months and wrap up of the +FS bills.
I don't want to hear about surprise drilling or anything else expensive in Arizona till they tell us something about it and its potential. At least acknowledge them on the website in some meaningful way. I doubt one single CUU shareholder bought paper because of any potential in Arizona (Anyone?).
I think there is some possibility that CUU might buy a couple claims near our deposit that Mr Marko happens to have acquired in mid December. Cuu has a good track record of snapping up just about everything Marko stakes in the last 2 yrs.
glta
