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Strategies & Market Trends : Winter in the Great White North

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From: teevee8/11/2010 7:45:45 PM
   of 8273
 
Red Chris power line schedule

If Imperial is going to break ground when BChydro starts initial construction activities, financing will have to be in place this fall....I am wondering how beaten up III will get? On one hand, fund managers will find the schedule below to be too long term, however, on the other hand, large mining companies like RTP, BHP FCX etc will be bidding the stock at some point, especially if one of them has the opportunity to finance mine development for say 40-50% of concentrates.

Project schedule for power line:

Project Schedule

transmission.bchydro.com

Milestone Date (subject to change)
Nisga'a Nation, First Nations, public consultation Ongoing
Application for an EA Certificate accepted by EAO April 2010
EA Certificate anticipated Late fall 2010
Permits in place Late fall 2010
Initial construction activities December 2010
Design-build contract awarded January 2011
Construction completion Fall 2013
NTL fully commissioned and in-service December 2013
Restoration and cleanup Spring 2014
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