RE: lawsuit @ Steve "Since CuMo is the main asset of MSQ, any sale of a significant portion of the property does require shareholder approval..."
I hope that you are right. MSq's 30-oddyear history shows many sales of major assets, with no seeming shareholder input.
@ Paulna...with no driliing allowed until April 15, there can't be too much to report on the CuMo front.
MSQ seems to have inserted itself into the Idaho Conservation lawsuit with the BC Forest Service (IMO, a material matter), but that lawsuit will wend its way through the system until a decision comes down. Either way (for or against Cumo exploratory drilling), that'll likely be appealed...and that doesn't give the go-ahead to build a mine.
I'm pretty sure that the go-to guy for Cumo is still Dyles, as he likely set up the in-Idaho operations which should still be trying to win hearts, minds and support. I don't think that he can comment as to what may be transpiring on the Cumo front (and why should he, as that'd likely only enrage someone), and it's doubtful if ex-chairman Fu, the largest shareholder, is being kept in the loop.
However, Paulna, you can be pretty sure that Kirkness's drilling in Mexico will be expensive, that the plane, boat and Benz likely aren't sitting idle, and that the cash will still be flowing out the door (and whether that door leads to Cumo is anybody's guess).