Well, Teck can continue improving the economics of the project and have immensely greater valuation calculated internally but the market (and CUU) will still be left with a pitiful BFS to shop around for buyers. In essense, Teck has CUU by the B@lls for the near future. No wonder Van Dyke is being pursued actively, because as of right now... 2014 will be a write off for SC buyout chances.

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I am not sure that this is an accurate characterization of the joint-venture partnership between TCK and CUU. If TCK were to do their own thing and cut CUU out, I would see this as a sign of bad faith. Remember, they have to carry us to production. Let's also remember that Elmer knows Schaft Creek and is a very senior professional. They need him too. If everyone starts being in it for themselves, this will fall apart quite quickly. I just don't see that as the relationship has been collaborative to date. SF