I dont' think that foreign entities taking out the BC assets of CUU would be a problem with the feds. A Japanese group (was it Mitsubishi) took out a huge natural gas deposit in NE BC earlier this spring without a ripple.

If CIC wants Schaft, I think they would prod their partner TCK to make it happen with CIC opening up the purse. They get 17% (or is it 19%) of exposure through their ownership of TCK. So about 20% without really having to do anything else but play along.