To recap, palm springs, you accuse Iletea of "drinking the kool-aid" because he believes like the majority of forum members here that a buyout is going to be many multiples of the current share price.

So he and others (myself included) are guilty of a lack of indepedent thought, in your opinion.

You show up here predicting a "significantly higher" capex and you base that on an industry trend and cite a few examples to back up your argument.

So you are showing independent thought in what way? But insisting that an industry trend will also affect CUU?

I don't think you'd be hard pressed to find a number of longs here who have acknowledged that the capex will likely rise to some degree -- see the messages in the off-topic forum that Chops and I exchanged on Friday.

Many of us, however, anticipate the possible increase in capex being outweighed by the equally significant increase in resources, grade, value of the metals, and so on.

And, as it has been pointed out, steel has actually fallen substantially in price and oil is reasonably priced as well. If there's anyone who can ensure the numbers are optimal, I'm sure it is Elmer Stewart.

He has said more than once that he only has one shot to get the BFS right. I'm certain our long wait is evidence that he is squeezing every ounce of value out of Schaft Creek, and I'm willing to bet that's well in excess of $2 a share.