There are plenty of examples of junior miners with world-class deposits that have been bought out for only a fraction of what many shareholders believed they were worth.

Will that happen with CUU as well? As has been pointed out here numerous times, that decision lies with EE. I'm hoping he's not going to give Schaft Creek away. I can't see why he would.

Vette's right, there are plenty of other big fish out there with the desire for a Shaft Creek and all its benefits, and who have the deep pockets required to scoop it up. EE could ultimately play hardball and come out well ahead.

Also to be considered: metal prices, other than moly, are in good shape, substantially above the base case that CUU has put together.

And, if management is truly willing to settle for a buyout in the $2.75 to $3.25 range, why wouldn't some insider selling have occurred back when CUU hit $2.75? Even 10 to 20 per cent of their holdings?

I am involved in other stocks where directors swing or momentum trade their own stock. Why wouldn't any of the CUU directors have locked in some profit when we were at such great heights.

And that was before they proved up so much more with additional drilling. Seems crazy to be entertaining anything under $3.25, IMO.