Quote:
Originally Posted by DOHCVTEC
CUU are a small company, with about a dozen employees. They will not, and indeed do not want, to become a producer. Teck are obviously shrewd business people, and will not overpay for anything. Find who owns Galore Creek, which is close to S. Creek, and see what their market cap is.
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CUU will not become a producer - that's not a problem, they will JV with a large cap who will produce and take their cut (bank roll the project for 50%? of revenues), CUU never would have and never will have any intention on producing - that's their mandate - exploration
Galore creek - JV between Teck (30B market cap) and Novagold (2.xxB market cap) - what's your point?