I have to agree that it looks like Elmer is pooring a bit of cold water on the idea that Teck is champing at the bit to scoop us up. But I also think that Elmer really hasn't sat down chief to chief with Teck to discuss what either party is thinking about. The only hints we've had have been from Teck's management recently espousing on taking out Jr's with "...60% insider ownership".

..."There can be no assurance that these discussions will lead to Teck exercising any of its earn back options nor that the Company and Teck will enter into a definitive joint venture agreement as contemplated under the Teck Option Agreement."...