Good points and a healthy dose of caution is never a bad thing.

It's a healthy thing to question things and look at the various unknowns and scenarios.

It's a bit of a stretch to compare the purchase of Fording with Shaft Creek.

I believe that was a 16-billion dollar deal and happened at the absolute worst possible time, in that it was just prior to the whole market tanking.
Teck is well cashed up in good shape. Like many other companies, they're leaner and meaner and looking for bargains for the future.

I hope the more optimistic figures are right too, but am expecting somewhere around the range of $3. It's so hard given all of the things we don't know. I'm with you until the end too sir!