First and foremost I want CUU to succeed just as much as everybody here.
The 5 gold mines he brought to production has weight, but not much, maybe 10%.
Being in construction, we define a successful project by:
Cost: What is my ROI. So far we have invested a lot more into it that what we have made as shareholders
Scope: They have not clearly communicated what needs to be done between now and the liquidation event. After the optimization is complete will we then sell to Teck? When are we putting our 25% up for sale?
Schedule: Prior to the JV how many target dates were met? Let's leave it at that.
Quality: Communication to Shareholders is sub par, the presentations are quite well done imo, but in the end they have not marketed themselves well in generating attention to other investors.
Just because the Leafs have won cups in the past does that account for anything? Yes, but very little as the market changes. If you can't change with it then success is very hard to achieve.
There is a ton of potential here. I don't argue that one bit. It is how we are executing what needs to be done between now and the end.
GLTA
