I agree with you here Chunky. Time to move it all along to the next phase.
IMO, I think that CUU and Teck had concocted a plan long ago to get this deal wrapped up by March 31 and move on to a new JV with CUU2 exploring the peripheral territories (which have now been secured). It was a foregone conclusion. Teck recognized Elmer & co. as the best in the business and were impressed by their expertise and capability to achieve results. Tech was not about to let a prime opportunity slip through its grasp knowing the massive potential on the outlying areas.
The Tetra Tech 'bump' was an unforseen circumstance that threw a temporary wrench in the works - much to everyone's frustration. 2012 drilling would have occurred regardless with Elmer at the helm, except it would have gone forward under CUU2 following a payout to CUU shareholders.
I truly believe that after a generous 'reward' to shareholders, CUU and Teck will form a new strong and long-lasting relationship (potentially with other additional partners) that will be of great benefit to current longs who want another ride on the merry-go-round.