RE:hud-bayHudbay has no present need for any more mines. So we are stuck with this bad joint venture agreement. It's up to them to make a more positive decision on our behalf.
With respect to Rockcliff's other properties, Ken seems to feel that that additional successful exploration is the way to make the company more valuable, as an asset worth purchasing. He feels that it simply a matter of scale. But he has no hourglass to watch, as to when, that might happen.
How big a resource base, does Rockcliff have to discover?
So the exploration continues. Maybe they will discover a motherlode of gold or diamonds?
Everyone seems left in the dark. What will they promote to the investment community?
Maybe they hope to discover something more significant, before they even try?
Hopefully the cheap asks are slipping away. That remains are best hope for now.
Value is where you find it!
All the best! Java