Catalyst Copper Corp. CATXF

RE: RE: TECK SHUD COME IN SOON OR AR THEY STUPID

[Copper4RnR8]

I think you nailed it Accountant. Greenslade most likely has two concerns right now in regards to this - providing Teck with all the due diligence and resource numbers they need to feel confident to buy in, and to ensure that what happened with BAJ (i.e. project costs) doesn't happen again. To safe guard his reputation, he's most likely making sure that this PEA has everything covered - and especially as it's likely to be quite positive, given the location, infrastructure, etc. He doesn't want anyone interested or invested in CCY to think that he's painting a glossy picture of this project. That's just my opinion, of course, but it makes sense that CCY wants to go out of its way to put out a very realistic PEA - with no negative surprises (and they want the market to know it - hence the filing delay). And with the updated 43-101, the numbers will be current.

This shouldn't take long and I'm assuming what will quickly follow is the formal submission to Teck which was expected to be delivered in late 3rd quarter if memory serves - so I expect we have less than 7-8 weeks to finally have Teck in the picture, even with the delay. At that point, I expect our patience and belief is this stock will be rewarded.