During the call the Teck executives were asked about future projects to develop/acquire. Responded by saying they would look at assets where they could improve the economics and move it further down the cost curve. (Great news for SC project)

Then asked if there were any projects they were willing to purchase recently, asking price was "not anywhere near the price they were willing to pay".

Could this have been EE asking too much for CUU?????

Quite possibly, because of the prolonged "discussions" prior to the new JV agreement announcement.

Overall, the call signalled Teck is willing to tip toe into Schaft Creek and other potential projects. Some hints at advancing projects and some hints that they are not excited about QB2.

I want to listen to the whole broadcast, once posted on Teck's website:

The recording will be available from 2:00 p.m. Pacific time July 25, 2013 to 11:59 p.m. Pacific time August 25, 2013.