RE:RE:RE:A Breach of Good Corporate GovernanceEcrevisse, if we get further dilution next year because of this move, I'll also be very dissapointed and frustrated, but I truely believe that something else is happening behind the scenes. Maybe the firm is trying to protect the last PP shareholders prior to major news? Some people might need to let their warrants expire now for many reasons. How frustrating would that be if a deal would be announced in the next months?
Copper Fox doing their own 43-101 document would take several months (possibly over 1 year) and would most likely be outdated once they are done with the work. In order to benefit from the best price, I believe it's best for Copper Fox to work with Teck. Going solo will not provide the same numbers, as Copper Fox could not look at the FS from an operators angle, which is a lot more permissive. By including Teck, we also benefit from all their technology, which would not be possible, in my opinion, if we would move on our own. Once Copper Fox has the final report from Teck, serious potential buyers won't need a 43-101 stamp on it. All this being said, as far as I'm concerned, it's still not out of the equation for Teck to issue a 43-101. We should know more before AGM.
MoneyK