Surely but when? 1 year from then? 3 years from then?. Call me pessimistic but I'd like to take the (teck) money and run asap ...

It would be fast, even Elmer admitted at the last AGM that others are waiting (Koreans, Indians, China, etc..)

The competition for these deposits (low hanging fruit) is on, even Teck admits it below. It's like they're warming up their shareholders to the idea that they are about to spend more money than usual and give ''competition'' as a reason...

''Our ability to acquire properties may be affected by competition from other mining companies. Because the life of a mine is limited by its ore reserves, we are continually seeking to replace and expand our reserves through the exploration of our existing properties as well as through acquisitions of interests in new properties or of interests in companies which own the properties. We encounter strong competition from other mining companies in connection with the acquisition of properties. This competition may increase the cost of acquiring suitable properties, should those properties become available to us.''