Agreed golf, excellent point. Ernesto will HAVE to see the optimization studies to make an informed decision on what is a good price. Correct me if I'm wrong, but such optimization studies would constitute material information, thus needing to be released.

I have no idea how these things unfold, but I'm wondering if Ernesto/Elmer recieve a draft copy of the studies for their review. At such time they would be blacked out and I think the plan is they have Moose Mountain "at the ready" to review the studies and any offer bundled with the studies from Teck. I heard MM was "at the ready" from one of my own calls to the office. This would mean Elmer/EE would be doing their fiduciary duty to obtain maximum value for us strung-out, doghouse-residing CUU shareholders......No?

If something like this were to be the way things would unfold, then it could all be done behind closed doors without a NR, then if/when CUU and Teck were agreeable (after some presumable back/forth) the deal could be done and announced. Someone please chime in here on this as I am most interested to understand how this will all unfold...with a soon-to-be-completed optimization study.

K