...I remember a few things. Jason, I apologize, I am going to do my best to quote you and I personally never asked permission but c'est la vie.
There was an interesting comment from Jason regaring a buyout from Teck. He felt that Teck would need a partner so they would only back in for 75% but that there could potentially be foreign interest interested in partnering with them. Again, this is conjecture as he was speculating as much as we do here. Could it be CIC?
Another note, he said that Copper Fox approached Teck to revise the legal agreement/document but Teck would have no interest in that. Take that as you will.
These are not quotes but I am doing my best to remember my discussion with Jason. Take it as you will and if after a few more cocktails I remember more, I will post my thoughts.
In the mean time, think about ES's exit strategy. How the heck do you monetize your position when you have as many share as he does.