RE: Spoke To Mike SmithIt's worth some time to visit the NG website and view their photo gallery and their video on Gallore Creek. You get a sense of the magnitude of a project such as this. Also get an idea of how much of the road has been constructed to date.
It is good to have CF management give a bit of their unofficial take on the situation, I have the following questions or comments:
1. If the tailing facility is the one with which cost overrun, is that because of ground and surface water issues at Galore Creek?
2. In my mind, the road and the power where the two major piggy-backs we were counting on with NG. Any idea as to what these costs were estimated at?
3. If Teck can mothball NG, then I believe their potential to buy back into CF is either significantly reduced making our investment much more valuable, or significantly increased if our resource is similar yet located in a more environmentally acceptable location making the potential for mine construction significantly greater. Agree or disagree?
4. What is the potential of Copper Canyon, NG, Teck, and CF agreeing to a JV on infrastructure development in the near future to reduce costs?