I agree with you. Teck backing in and buying us out would be the most likely stimulus for the share price going up. Large volume buying by institutions would also signal that something is going on and would drive the share price up.
The company has been so poorly marketed that I feel the only explanation that is they don't want to be in the spotlight or to be promoted. I like your analogy of the horses. Though institutions or big investors may not want to jump in until a deal is announced, I'm not that naive to think that sometimes they aren't fed information before it's available to the public. Also, I like commodities, copper in particular, and it's current momentum.
These factors can only help our case in getting a fair buyout price from Teck. JMHI.