Gonna repeat my earlier theory

It has been Teck and friends (the appearance and disappearance of Stifel comes to mind) holding the price down forever

Easy enough to do, and without requiring too much cash

Simply sell and buy against the grain and a big player can freeze a quarter of CUU in its tracks

...and the plan was to simply, at the appropriate time come in with an offer of a generous premium to the share price

Elmer, with Ernestos backing, simply sniffed them out and told them where to compact the sand