Haven't posted for a long time but still all in and waiting. Hopefully not much longer.
It seems everyone is forgetting CIC in the buy out scenario. Don't they have something like $13 B to invest and didn't the CEO say on BNN they are trying to get in on early stage projects.
So they buy CUU for $2.5 B and partner with Teck on the Capex which will cost them say another $1 B. They then have 25% plus 12.75% ( they would already own 17% of Teck's 75% ) for 37.75% of a copper, moly, gold and silver mine for $3.5 B that will go on producing for what a century. How about 37.5% of a whole district for $3.5 B? Seems like just the kind of investment China would be falling over backwards for. They will not pass this up!
Then Teck has 75% of the mine for say $3 B capex which they can pretty much pay out of cashflow over the next 4 or 5 Years. Seems like a deal made in heaven for all parties.
But just more speculation until the day Halted comes up on the screen.
Glta, canoehead