I like that theory CPAC, after todays handbags at dawn manouveres this stock story is getting much more interesting yet again, and IMHO all for the benefit of all CUU longs.
For a brief time today we saw just how volatile the SP can be albeit negative, just wait and see what happens when the positive NRs come out...lol...suddenly that $7-$10 range doesn't sound so unrealistic now...
I for one also suspect Teck have questioned the RE2 and have called in the 3rd party reviewer to double-check before they make their offer. I also suspect that Elmer was truly caught off guard when Wardrop did what their big client Teck told them to do..."go sharpen those pencils, we're not paying above the odds"
Interesting times ahead,.
Max