I believe what was said in the conference call today was late July or August, which would be between 2-3 months.

I thought that the conference call was a bit of a gong show. There were a lot of calls from people who, though they may have been stockholders, seemed to know very little about the company. I couldn't believe that someone from a brokerage house called up and asked what the market cap was and how much cash they're holding. Serioulsy? You've got the upper management on the phone and the best question you can come up with is something that can easily be found in 3 seconds on google finance. What a tool.

There were a couple of good questions though. I was pleased to hear that they're on track with the BFS. It was also interesting that Elmer stressed that Teck could back in at any point and it might be before the feasability study. I wondered if that was a hint but I'm probably reading too much into things. The fact that there's a formula to what the buyout would be was reassuring as well. Teck and CUU will negotiate a fair buyout price based on the fair value of what's in the ground, which will mean we'll probably walk away from the deal very happy.