There is no rational explanation for this blindness toward CUU

I think the one good reason is the uncertainty with Teck. How much will they earn back, if anything? How much of this project does CUU own? It is very complicated with various parties having NSR's and land inside and outside the agreement. Is this going to be a legal quagmire?

The feasibility will show that the resource figures are valid in terms of actually being able to mine them profitably, but it won't clear up the ownership and until that happens people seem uncertain about the whole project.