I agree that the current optics of our SP and complete lack of PR from CUU is very concerning. (Just following CUU over the past 2-3 years alone probably turned enough of my hair grey)

However, the same reason why retail has not been jumping in on CUU is the same reason why CUU will continue to add value for a potential buyout; even if Teck walks. That reason is E.E. The retail do not want to be controlled by one single majority owner.

Following "WORST CASE" BFS that was released, the worst case scenario of Teck walking away would result in EE stepping in to Drill the necessary holes, release another RE with MAJOR improvements to the "waste rock" and possibly poke some holes in surrounding areas just to show off our potential district.

Therefore, worst case is CUU stumbles through 2013 and negotiates a buyout following another R.E. with somebody other than Teck.

How likely is it that Teck walks away from a Giant Copper project in their backyard for another major to step in 1 year later and be making money for a MIN 20-30 years?