Somehow I start to wonder if Elmer knows or knew where he was heading for:
- Why he did not drill the inferred part of the pitshell? He - a genious he is according to many- knew (or should have known) all along drilling of the inferred would have an enormous positive impact on the economics of the BFS;
- Why does everything takes so long? Is this because he has a masterplan that will bring more money on the table?
- Does he have a masterplan or is EE the puppet master who pulls the strings?
- Why would Teck back in / buy us out before a definite EA? For a relatively small amount of money (say 4x relevant expenditures) they have a guarantee that this project can proceed. Moreover combined with infill drilling and increased measured resources hey have a better story to tell to their shareholders.
- Are we drifting or on course to our final destination? Does our captain know where we are heading for?
I have been a shareholder since december 2010. This started as an investment but has become speculation. Despite all the positives of this projects and the pounds in the ground I am lost when it comes to understand the tactics and/or approach of this project by cuu management. I just have more and more diffuculties believing every action or ommission by management has had a purpose which fits in a grander scheme. Could it be that our project is just one size too large for our captain?
