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Gold/Mining/Energy : Copper Fox
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To: minder who wrote (8934)12/31/2014 11:44:34 AM
From: CanadaGrant   of 10654
 
He was actually right when you look back on it all:

You won't believe the numbers. Right... Nobody could believe their eyes when they read it.
"Yes, the bfs is still expected in this quarter". The key word is "expected"
Negative copper costs on the CUU website. It was written by BMO. Just posted on the official company site... (Forget the negative 32 on the PFS.)
Successful drill program announced where over 50% of the announced drilling didn't even take place. Right about when Elmo called Teressa to go after his own shareholders because he got caught.
I fly over to see the drill crew in action and there is nothing there. Nobody... Then when somebody asks, Elmo said drilling was cancelled due to poor weather which when proven wrong by Environment Canada, then changed to fog which was also proved wrong by Environment Canada.
Can someone remind me what it was that was supposed to be out by mid December or earlier? Not sooner...
If shareholders set the deadlines I could see it but this guy has failed on almost ever self imposed deadline in the last three years. He couldn't find his ass with either hand and it's a big one.
Bullshit at it's best.... Or maybe not, since nobody believes a word he says anymore and every time he opens his mouth, it's reflected in the share price.
Thankfully this is now in the hands of Teck. They will develop it if it's economically feasible and if not, then Elmo spent 90 million dollars of shareholder money and got someone to pay him 24 million for 75 percent of the project. Wow...
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