I think it is a terrible announcement, but it is up to the market to decide that.
Teck doesn't think it is worth funding the BFS to gain a 50% share of Einsleigh.
I don't think cse has the cash to fund both exploration and a bfs.
Actually, I am somewhat surprised by the announcement, because if you do your calcs of the proven resources of einsliegh, you come to a fairly significant number.
We'll see what mr market decides....
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