As for Teck shelving us. What difference does it make if we CUU owned 100% of SC? If Teck doesn't see SC is worth developing, then who will if we owned 100%? If Teck doesn't think a project in their own backyard in BC isn't worth it, do you think CUU is able to build a $3.2 billion mine?

Calvin, while I respect your contributions and your reasoning, the above paragraph does cause me concern.

Should Teck decide to slow play Schaft Creek for another several years, how are we going to succcessfully shop our 25%?

If Teck really is the only logical customer for this property, what sort of negotitions leverage will Ernesto have? Some say Teck would be foolish not to develop the area soonest to take advantage of higher copper prices in the future, but the market sure hasn't shown us any confidence by way of the share price. Not only are we not attracting significant new investors, we're losing ones that we had.

I realize junior miners have taken a beating almost across the board, but I still wonder how there isn't at least one investor out there with deep pockets (think of the years of CUU's Whistler conferences) who sees a prime opportunity to make a tidy profit on this bet???

And how can we get top dollar if no other major is interested in grabbing a piece of this action?

Remember the days when a lot of us were sure we were destined for a bidding war? Predictions of $5 to $7 were common.

Now some dare to say we'll still a $2 buyout (probably mostly in Teck shares), but even that seems like a stretch from 19 cents as it's more than a 10-bagger.

Elmer has stated all along that CUU is an explorer, not a miner. In some ways it seems more and more likely that CUU might have to go along for the ride to production if it wants to see optimal value out of this investment. And production is still several years off, at best.

I hate to sound negative but it sure is a sorry state of affairs.