Remember this Teck article from Oct. 2012?

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/560974-options/messages/1765042#message

Don Lindsay said Teck was going to slash capital spending in 2013. Hopefully, it does not affect CUU buyin/buyout price. When Lindsay said 'deferral on projects Teck still wants to build now, just not as quickly as it had hoped ' maybe that's why CUU is stalling things because Teck is asking us to because Lindsay told them to? Possibility?

---Teck Resources Ltd. (TSX:TCK.B) has slashed its capital spending for this year and next by a total of $1.5 billion and said Wednesday it will look to cut annual operating costs by at least $200 million amid the sluggish global economy.

The Vancouver-based miner of copper, coal and other metals announced the cuts as it reported sharply lower profits and revenue compared with a year ago due to lower commodity prices and sales volumes for steelmaking coal.

Teck president and chief executive Don Lindsay said the majority of capital spending cuts were the result of permitting and other project delays, but conceded that had they not happened the company may have faced a similar decision.

"If the regulatory delays weren't there perhaps we would have made the choices anyway," he told a conference call with financial analysts.

Lindsay emphasized the capital spending cuts were mostly deferrals on projects Teck still wants to build, now just not as quickly as it had hoped.

"We will still need the capital at some point in the future, we hope not in the too distant future," he said, referring to the company's $4.2-billion cash balance.

"We are still very committed to our stated core strategy."...