"... The caveats at the bottom of the NRs stating that there's no guarantee that Teck will either i) consider the PFS bankable or otherwise acceptable or ii) back in on any of the predefined options requires clarification to the shareholder population. Was or wasn't the PFS deemed 'acceptable' by Teck and are the Liard shares now officially the property of CUU? Enquiring minds (carrying lighter wallets) want to know. Issue an NR please."

IMO, "the NR stating that there's no guarantee that Teck will either i) consider..." is really a disclaimer formality just in case someone sues CUU, claiming that we guaranteed Teck will buy us out, or back in and that didn't happen. It's just a legal protection for CUU.

As far as BFS being deemed "acceptable by Teck", IMO, the answer is yes, not only is it acceptable by Teck, but also "bankable". Since there was no response from Teck to the contrary, by March 6, 2013, the BFS is officially and legally considered "acceptable" and "bankable".

"... are the Liard shares now officially the property of CUU?" IMO, the answer is legally yes. However, it has not been officially transferred to CUU. I think we know where the direction is going in terms of Teck's decision, and, in order not to waste time and expense, will wait on this issue and is probably a decision made by Teck, CUU and their respective legal counsel.