I’m in the camp that the Clock will be started on Feb 4, and that an offer will come before April. I don’t believe an offer will come before Teck declares their earn in percentage. The Laird shares will be transferred to CUU.I don’t believe the Laird share transfer is any threat to Teck, can CUU even sell them after transfer if they wanted? Soon they will need to plan a drilling program, and they should be thinking this way until there is an official offer. And I wouldn’t care if they raised 10-20M to do a real drill program.

1st the clock will start sooner, forget about Feb 4th.

An offer can come from Teck for 100% before Teck declares any back-in.

The Liard shares are a threat in the sense that CUU has majority voting power and control until Teck earns them back. And yes CUU can sell itself to another along with the Liard shares.

If Teck backs in CUU won't need to raise 10-20M, they'll be using Teck's money.