Thanks for the chuckle about the horse.

As for what happens when the halt is lifted - really depends on what is in the report. The easiest to imagine scenario is where Teck says, OK boys, we're taking EVERYTHING except the name and Arizona, and we're giving you a total of $$$ (and assuming the offer is being accepted/recommended by MGMT). You take the fully diluted shares, divide the buyout $$$ by that number, and that's the value per share Teck is paying - upon the lift of the halt, the stock should immediately begin trading *near* that price.

You could then unload your CUU shares for that price and walk away with cash.

However, it could be very complex - IE Teck takes everything as above, but offers so much $$$ plus a certain TCK.B share swap conversion. They will still indicate an approximate total value for the whole deal based on the current TCK.B share price, and taking that total value number and dividing the shares FD, you get the anticipated price of CUU.

You could then unload your CUU shares for that price and walk away with cash. However, if you want the TCK.B shares plus cash, you'll have to wait until the whole deal is said and done, and then some more time, to see the TCK.B shares and some cash appear in your account.

I haven't even mentioned retaining CUU2.0 shares, if that comes to fruition. In that case, you will again have to wait until the deal is said and done and the shares appear in your account.

To sum it up basically - the buyout, if for everything, will state some total value for the current company and stock structure. Divide that number by the FD shares and you have a stock price. When the theoretical halt is lifted, the market *should* begin trading the stock *near* that price. People hoping for a bidding war may even drive the price above said calculated price. You can sell and walk away with cash.

If you want the supposed CUU2.0 shares, TCK.B shares, and some cash as the NR might suggest, you'll have to wait.

And, to add yet another option - what happens if Teck only partially backs in? The SP should rise as we get attention, but to what value? Nobody knows. Then we wait until the rest of CUU is auctioned off to the highest bidder, deals are struck, etc - during that process, the SP could do lots of things. Again - sell at any time for cash, or wait until said deal is done, approved, and whatever spinoff shares and buyer shares appear in your account.

And none of the above takes into account tax implications.

And...gee I better stop