Ernesto, Elmer and the rest of the insiders can see that as well and I doubt very much they would want to have their money tied up in this too much longer.

That's the feeling I get every time I talk to management. They want this to end asap so they can get their money out. But at the same time EE is not going to give this away for nothing. They know what they have and they are diligently working hard to unlock the max. value of this play. My feeling is also that Teck is going to go for the full buyout rather than a back in. IMHO, they may have already agreed on a price. Too many clues scream buyout in the works!

The remaining details just have to be filled in, the i's dotted and t's crossed in the legal work done properly as well as the fininshing touches on the BFS to make it all legit. Of course at this stage nothing can be leaked, so the continuing deafening trickle of info. to keep the SEC and public shareholders somewhat happy. I've seen other buyouts in negotiations for 6mo to a year to complete. I don't think it'll take a year for us. IMHO, I think by fall everything will be wrapped up. Investors just need to hang on and ride the ups and downs until then. The low sp now means nothing except an opportunity to average down.