"What makes you think that? Teck has a history of acting fairly soon after they are put on notice. Besides that if they are going to buy us out 100% they must put this to a shareholder vote as per SEC rules so add another 30-45 days to send out notices etc. ..."

cbew:

What SEC rules are you referring to?

If Teck decides to back-in for whatever %, or acquire SC or all the outstanding shares of CUU; it is well within the Board's power to do so without requiring shareholders' approval. Yes. It is a major acquisition, but it's an acquisition in the ordinary course of doing business and that would not require shareholders' approval.

In addition, the only shareholders required to make decisions with Teck are the Class A shareholders (the Keevil family and close associates) who control the voting by virtue of their 100 votes compared to the 1 vote for each share for Class B shareholders.

What I'm saying is that Teck does not need all the time (30 or more days) to make an acquisition decisions; they can be made virtually within days. JMO