RE: RE: RE: RE: RE: More to it...Ok found it ...
"Teck reports that, since 2006, it has conducted limited RC drilling(less than 300m deep) that returned significant gold intersections atdepths ranging from 17m to 280m, including 4m at 17.7gt, which includesa 1m intersection of 59.27g/t, 5m at 13.49gt, 5m at 11.64g/t, 3m at11.87g/t, 3m at 4.85g/t and 3m at 4.39g/t."
So , as i understand it , Teck had these results PRIOR to the Kentagreement...so in effect they simply farmed out the preliminary work toKent , .. to me at least, it seems like the risk for Kent was low.These are great preliminary results,.. knowing this why wouldnt theywant to work on the project for at worst/best (?) a 25% cut?
Question i have is why Teck was too lazy to do the development workitself.. maybe they just figured it would be more efficient to haveKent figure it out. Who knows,.. i dont know this business well enoughto answer that. I believe the answer might be they figured they had therelevant experience to do the job more efficiently..
nothing is being foregone in my opinion... its a free ticket to sit at the adults table with minimal risk i think