RE: RE: RE: AG Pump n Dump site I respect your opinion Mudguy.
What you say is true....but I think Tecks getting a whopping discount on this play because theyll get 75% of it for under $300 million. As to whether Teck has the numbers in hand as we speak...I doubt this or I think we'd see action sooner. I dont think Teck will act prior to FS, and I dont believe for a second that Teck made a contract that would leave them being controlled by CUU on this deposit.
Schaft Creek is the biggest undeveloped project in Canada right now I believe, and I believe theres more value coming for the area....personally Im very excited for BXX's DOK property.
I know you were the first person to draw flak in the long running basher-witch hunt but I always enjoyed your posts for what its worth. Unlike a lot of people I believe you know your geology.
Value isnt always a dollar sign, and Schaft Creek wont see production til 2017. I sincerely believe we will have elevated commodity prices 5 years down the road which will improve economics and proft. The amount of metal in Schaft Creek wont change....itll just be worth more when production is a reality. I think this is the real value for Teck.
Hopefully helps clear up where Im coming from a bit,
Rogue,