Elmer had said on numerous occasions that CUU are not miners and would prefer to sell ALL of Copper Fox (not just Schaft Creek) and move on to the next project. With that in mind, why cannot CUU make contact with Mitsubishi, who is already teamed up with Mitsui, to see if they would be interested in buying CUU lock stock and barrel? So, if Teck comes back and offer us a percentage of 20, 40, or 75% we can just reject the offer and sell to Mitsubishi. Or, even if Teck buys us out 100% if Mitsubishi is willing to pay us more, we should be able to reject the offer or start a bidding war. Why should we sell CUU at a super discounted price to Teck when we can do better?

If Mitsubishi and Mitsui are willing to pay double the original valuation for stakes in Chile, I am sure would be very interested in Canada.

A scarcity of high-quality copper mines globally prompted Mitsubishi Corp. and Mitsui & Co., Japan’s two biggest trading houses, to pay double the original valuation for stakes in Chile’s Anglo-American Sur SA in separate deals in 2011 and 2012.

We know we want to sell the whole enchilada, so there's no reason to wait for Teck to decide what they want to do. We'll be talking to majors who are only interested in 100% buyout.

When I read that CUU's Plan B was to continue drilling, I got the sick feeling that it's Teck or back to the drawing board. Which means us retail investors will have to wait for another year or more and to go through all this BS again.

This is all my personal opinion.