Ok, lets play this out, CUU has been entertaining Teck all this time and wanting to end the deal with a nice takeout. Thinking who else can be behind that door that Teck is chatting it up with,
who can that dark horse be in Teck was to partner with another big elephant ? Maybe Teck has Plan B up there sleeves. Afterall, you never know ....remember Terraine Metals (v. TRX).
Every holder thought Goldcorp was the major player, btw they held over 30 Million dollars worth of warrants at the time .... suddenly out of the blue Thompson Creek Minerals (t.tcm) shows up and annouce a major 3 way deal. A take out of 1.48 option or receive a few tcm shares at a discounted rate (back then tcm was selling for over 9.00)
This quiet / peel off trx shareholders when at the time were expecting a takeout of $3.50 (shareprice at the time was 0.98 cents) ... resulting in TCM being a darkhorse.
This brings me back to those days, can Teck have a darkhorse in play?