(Frankly, it makes me nervous knowing that someone else [Teck] is controlling my destiny).
Iceman, no one is controlling your desitiny. Respectfully, if you are nervous, you can always sell and move to another investment which makes you feel more comfortable.
In terms of backbone, Elmer has plenty of it. Remember, he has been navigating the CUU ship through what has arguably been some of the most challenging financial turbulance of our life time. Land is in sight and we have almost reached shore.
Many juniors are sinking and searching endlessly for an elusive lifeline. Let's make room for Elmer at the Captain's table, shall we, and cut him a bit of slack. Moreover, I think the crew is buoyed by today's announcement and needs to celebrate a little.
SF