Assuming no more delays in the BFS and it gets out in Mar, IMHO, if Teck already has a partner(s) lined up this could all over very quickly after BFS. My best guess is it will not drag out the full 120 days but let's say only half that. It could be all over by May or early June. Remember while Teck has the 120 days to think about it CUU will be busy producing an updated RE and possible revised BFS to incorporate the new drilling on the Paramount zone. This all adds value and increases the take out value. I'm sure Teck will not want to pay more than they have to for this and if they delay more suitors will certainly enter the picture so it is to their best advantage to act sooner rather than later. Then again we could all be surprised by an offer before even BFS gets out! That has happened to many companies as Teck may not even want suitors to see this. At this point it is not even worth trying to time this by selling and buying back in as an offer could come any day.