Is it any surprise they started looking for money at the end of Q2? Hmm seems I said they would do just that. And it's better than end Q3 for technical reasons. Then we look at manpower flow at the exec level. What's on the table for major developments. Iron? again? Well, yes, if that opportunity presented but then we read about Nova focusing on Galore and how Teck feels there could be competition for supply. Other subtle signs are the anglo extension and statements by Barrik about glaciers and don't forget Newmont. Ignor blackouts. They can be used to keep prying eyes off pies but also to keep nosey investors from getting answers. And then there's time lines. Spend 8 billion in 1 Q then raise another x billion for us?

Let's look at total indebtness. Yes the CIC is an open bank account. I got from Elmer that we should not worry if Teck bought an iron mine before buying us. China would simply write the cheque at any time. But total debt counts. At a certain point the share holders complain. Growth cost future dollars. There is a limit to this where the shareholder says it will take too long to pay debt down and the company is at too much risk. 10 billion more after this tranche is the limit for the next 5 years. The big Teck investors tell me this is so. They say that Teck would have to aquire production over building projects because the return time impacts revenues. So Teck has a limit. This is partially why Teck is partnered in Galore.

siggs signs everywhere...