EG,
I have to agree with your assessment. I too think we are in line to be taken over in due course. Elmer does not seem too worried about what is to come, must be positive.
I wonder if Teck is waiting for their QB2 funds from the future development partner. Then hopefully use some of those funds from the 2 billion or so to buyout Copper Fox. That is one possible outcome.
Second, Teck will conclude the QB2 transaction, then work with Copper Fox to find a development partner for SC project. The arrangment of the asset sale could involve both companies selling their 25% interest to chosen major giving the new SCJV partnership 50% ownership each like the Galore outcome.