Things appeared to be lining up nicely for CUU:
- Teck has approx. $4 B cash
- Teck is having regulatory or polical issues with other copper mines elsewhere
- Teck wants to increase its copper production in the future
- CUU has little or no regulatory or polical issues
- CUU has enough metals in the ground for at least 30 or more years
- CUU has a lot more potential that has not been fully explored, all around SC, which can expand the mining operation in both time and scale
- CUU has a BFS that's ready any day
- Teck makes its capital investment decision in Q4 which is right now!
- Teck can get 75% of SC for a song and dance, and the rest is up for sale from a friendly and reliable partner
With all these favourable factors, how can Teck turn it down! JMO