RE: RE: nervesthe facts that "BC has approved the project, Franco-Nevada is on board, the stock is trading on low volume as the market has been trending down"
will have absolutely zero bearing on the decision by the federal govt !!! the BC approval is not connected at all to the federal one - there is no bearing in either direction.
2 crucial aspects here that are not under provincial jurisdiction are DFO and native affairs, that happen to be the main issues for this proposed mine.
We all know the answer to whether those 2 issues have been addressed properly or even acceptably.
If you are a bettin man, the odds are this will not get approved this time around. not to say it wont later, there's too much wealth there to completely walk away.
My call is that the Feds will tell TKO go get back to the drawing board, and do their homework. they will call BS on TKO plan to drain the lake, and ask them to look at other options.
whether that is a possiblity or not who knows. if the ore under the lake, thereby making it impossible to do it any other way. or is that simply the cheapest way to dispose of the waste rock such as with Kemess north?.
you have to remeber, the kemess north panel set a precedent, maybe not a legal one, but imagine the outrage of those stakeholders if they see this get approved, when their plan that was much less harsh didnt?
This stock may be available for mid 3s to low 4s should this thing get shot down. that would be a great time to buy.
the value in the ground in gold and copper isnt going anywhere, but TKO may have to get to business with the natives and get them onboard.
Once the natives are on board, and backing the project as a partnership or association, whatever, no one is going to give 2 sh!ts about whether the lake gets drained. Then TKO can get this thing built and the province of BC can enjoy the wealth that it will inject into the region and province.