I used to think this way on Copper Fox until the disappointing BFS, when for me, things changed significantly and I started to sell off the majority of my position at a loss
Elmer once said forget about the NPV...Teck looks at the NSR.
Teck is also aware of the potential with a little tweeking.
Fact is Teck helped build this Feasibility, they've been in since 2010. They received the appendices in DEC 2012. (that's when they compare our numbers to their discounted numbers)
Even if some retail investors left, Teck is still here after all this time.
This is important , why ?
So close to the drilling season starting, if Teck really wasn't interested, they would have left early giving a chance for CUU to get a new partner or financing to start the season.
But they're still here.