Why does Tck want cuu now? I put my money on the table that Tck wants in but im not convinced they want in right now. There is no road, no power,no nothing but holes to hint on a fortune.
Indeed there is no road and no line to Schaft, but we have to look at the prospect of this infrastructure going in or rather, the lack of enviro and technical challenges to preclude building. I don't see any significant ones. Seems like the real challenge is CUU getting its EA application completed in a timely fashion.
If cuu is saying we will drill in absence of a decision why would Tck back in prior to the 120 day. I would be go ahead you spend the money by the way drill in these locations (for free)
I read the Salazar agreement to say that any work done at Schaft prior to Teck declaring its earn in decision to be eligible expenses under the agreement and subject to the 1X, 3X, 4X funding by Teck. So as long as Teck earns back some %age, we would get credit for any work at Schaft deposit.
DM ticks me off with his sells and back ins while sit and wait for management to do something.
It would appear that DM has enjoyed the luxury of knowing that he has the kind of time to sell an not-insignificant number of shares and buy them back lower while we nail bite thinking that any similar trades on our part could let us get caught with a sudden announcement. I'm just thankfull that he is buying these shares back.
