Are Permit problems for VD the only issue?As pointed out earlier by myself and a few others the problems faced by VD are not only permitting issues to get their test wells and pilot plant going, the other problem VD faces is the surface rights issue. Since the VD project owns the mineral rights to 1312 acres of land and only 5.75 acres of the surface rights ( about 1% of their land package ) they must get permission from a 3rd party that owns the other surface rights to grant them access. Having the permits would be useless without that 3rd party permission.
Cuu mangement tried to negotiate this with that 3rd party back in 2017 but failed to reach any agreement hence any further pursuit of those permits were dropped at that time ( see CF news release dated Sept 21, 2017 or the link here :
https://stockhouse.com/news/press-releases/2017/09/21/copper-fox-updates-permitting-process-on-van-dyke-copper-deposit
This explains why CUU's sp does not reflect any value for the VD deposit despite having a good NPV of over 700M as the viability of it remains in question. No surface rights = no mine and no investor interest LOL. So the question that remains to be answered is why didn't Elmer pursue the surface rights issue further back in 2017 before spending millions to upgrade the PEA on VD? Pissed off shareholders want to know why! Lack of foresight? Negligence? or Incompetance? IMHO, all three applies here. LMAO