So you are thinking RE2 then BFS, and a longer delay?
It's clear here what they want to do:
I spoke to Mike yesterday and the game plan is Feasibility first and RE2 once they receive the remaing 5 assays for the Paramount. They want to trigger Teck.
As Teck learns how to count to 120....the RE2 will be well on it's way...$$$
From the NR:
A significant amount of work has been accomplished towards completion of the Schaft Creek Feasibility Study however it is apparent the engineers involved will not be in a position to finalize the report before month-end. Completion of the feasibility study is now expected to be in the first quarter of 2012.
The Company intends to complete a revised resource estimate for the Schaft Creek deposit which will incorporate all of the favorable results reported during the 2011 drilling campaign extending the mineralization and reporting significantly higher grades than those currently reported for the Paramount Zone, this report is anticipated by Q2 2012,
