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Gold/Mining/Energy : Copper Fox

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To: explorationguy who wrote (8545)	12/6/2014 9:48:55 PM
From: mudguy	Read Replies (3) of 10654

They have the capacity to redo all the main parameters of the FS in house and probably already have. Re-running the block model with different assumptions is a few weeks work for a competent modeler and Teck is sure to have one or more on staff. They could also consult with third parties and we would be none the wiser. There is no reason to expect they will publicly announce the results or even the details of the activities, as this is really PR that juniors do to generate excitement, and miners just do it. We can hope for some information, but really nothing needs to be released. Personally, I think the EA and social licence remain the main risks to development, economics and pit geotech aside. I've been to the area and spent enough time to think it is worthy of protection. I'm sure there will be many in Vancouver who agree, and I've spent enough time in Ketchikan, Wrangell and Juneau to know how they will view any major mines in the Stikine or Taku watersheds. It won't be easy, and KSM may poison the well, if Mt. Polley has not already. We'll see.

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