Hmmmm....
I find that strange that the only small nibles come from the wife of a director. And none today.
How about ES, Mike, EE, DM....
Just speculation but the big focus/detail really seems to be on the results of this drilling program.
Does Teck have a partner in place (sumitomo, Glencore, Mitsubishi, BHP), is there some type of confidentiality agreement in regards to the drilling results, is someone already doing DD on the project and the missing link are the actual drilling results that would actually bring to reality the geo data.
Feasibility results released in Dec..then 45 days, then 120 days + 45 days....
I agree with cbew, it would be wise for CUU to be taken out before the production decision to avoid any FRoO's and get taken out after the results prove the true size.
Just speculation so far but keep watching the insider non activity.
And keep PV in mind:
By the first week of December, when drilling updates started to pop up through favourable press releases, the stock surged to $2.70 from the $0.37 level it was at to end November. That’s a massive jump, with the lowest drop since being a dip to $1.60 prior to Christmas. Today, the stock is trading at just under $2. Thus the implication given by Teck’s payment of $4 for a $2 stock proves that Teck has seen enough data to warrant the confidence us outsiders only could previously speculate up to this point.
