Well said Chappy: I think the statements about insider ownership resulting in higher buyout prices are a bit of prep for both Teck and CUU and that they have to meet somewhere in the middle.

Actually many good posts this morning. Thanks to those who have taken the time to post the Teck interviews/speeches.

The way I have always looked at my investment in CUU is that my downside risk is limited because this is such a valuable resource. As Jim Rogers stated "I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up". In our case, we have a portion of the big pile of the resource but we do have to wait until we cash it in.The interesting/frustrating about SC is that it is the upside is so speculative. But that is why I so heavily invested (300k) - limited downside risk with fantastic upside potential. Really a perfect investment IMO.

The whole process and the waiting is difficult - just don’t take your eyes off the end goal. GLTA.