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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: CanadaGrant who wrote (8546)	12/6/2014 9:38:34 PM
From: Zep70	Read Replies (1) \| Respond to of 10654

Teck didn't run they backed in for the full amount. I'm sure Teck would do a great job explaining the differences and how the BFS can and will be improved.

To: CanadaGrant who wrote (8546)	12/6/2014 10:20:50 PM
From: explorationguy	Read Replies (1) \| Respond to of 10654

I wasn't aware of the PFS before I started investing which was my mistake. I had considered a detailed comparison between the PFS and FS to try and understand what happened but decided to focus on the future. The JV was a shock as well since it revealed CUU didn't think there was any leverage they could apply in the Salazar contract. A decision to invest now depends on what you think the outcome will be when the optimization studies are complete. I'm expecting Teck to continue de-risking by applying for the EA but I've certainly been wrong about any of the decisions CUU has made to date. There is a real value in the metal but it's all about when that value could be unlocked.