I agree with everything you are saying. I watched Teck drop from sixty bucks down to the 3 dollar range. I was living in Trail where Teck has their smelter and people were gobbling up shares as employees knew the assets Teck was holding far outweighed their Fording Coal purchase. They sold part of a hydro electric plant just east of Trail to BC Hydro to raise a few bucks but were never in the trouble that the market made them out to be. I bought a bunch of TCK.B shares at $3.97 and was dumb enough to figure 40 bucks was it and sold.
I then listened to Mr. Stewart and thought that the info posted on the CUU website was correct.
I'm thinking that Teck doesn't really fool around so we are going to find out by the end of this season if they are going to do something about Schaft Creek or not. Since we are at 15 cents, it doesn't really hurt much to wait a bit longer as there isn't much left to lose.
Think of it this way. The project is now in Teck's hands and if they can't make something out of it in their own back yard, nobody can.