Teck took about 2 months to not exercise its option in the Pebble project with NDM in 2005 when it had 180 days to decide:
http://www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=336812&_Type=News-Releases&_Title=Northern-Dynasty-Exercises-Purchase-Options-On-Pebble-Project
http://www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=336817&_Type=News-Releases&_Title=Northern-Dynasty-To-Acquire-Teck-ComincoS-Remaining-Working-Interest-In-Peb...
Different time, different project, but an example of Teck not needing all the time available to it to make a decision.
Hoping for less than 2 month decision this time around. Haven't sold a share. Bought couple of days ago at $0.84, a little too early as it turned out. Hoping it will just be a rounding error when all is said in done.
GLTA