But...they pulled the drills...

Only thing that makes sense :

A) They didn't want to spend more money (drilling, updated RE) knowing that all they needed was a positive Feasibility to trigger Teck, and they know Teck knows the inferred is miniralised. And since Insiders own 65% they can say yes or no to any offer.

B) Teck said don't bother

I'm trying to see how leaving the 171M tonnes makes sense but...

A) Teck would have paid for those drills thru the Agreement. Now we have dropped the FS so we will have to pay for them. The 20% or so hit we took to our SP means that much more dilution on top of that. If they were worried about dilution before, they will be that much more worried about dilution now.

B) I don't buy that we are taking that much direction from Teck. On what basis? A handshake? If there is some sort of agreement where CUU retards its BFS for the benefit of Teck, there should be something iron clad (i.e. a signed agreement). That iron-clad agreement would have had to been in place since last summer when we turned our backs and drills on shallow, inferred mineralization sitting on top of our mill run ore.

This doesn't bring me to a very good conclusion though.