Seems like the snail's pace speed of CUU is letting frustration take over the board.
I understand when people comment that our BFS numbers are disappointing and that the NPV sucks. However, you must remember that CUU is not headed by an Accountant, but rather a Geologist. Teck does not make decisions based on raw numbers alone either, there are countless examples of this. Teck looks at the rock potential combined with the risk/reward. Elmer and Teck's GEO team will value this based on much more than the BFS, its just the nature of this property. If Teck backs in 75% and balks at a high buyout price then EE and ES could easily swiss cheese this property in a few months and sell to another by the end of 2013 for a nice premium... especially since we have no problem financing. If +$3 seems too high now, then by Dec 2013 it could easily become reality.
(On a side note; the last financing offered to other investors other than EE could be a hint that this is in the final pen strokes.)
PLUS: We are much closer to being a Cobre Panama than a CCY.
The NTL is not being constructed by government to provide power to a few lonely cabins in the woods. This is a very long-term serious investment where Teck is being pressured by all levels of government to spend their massive amounts of cash. SC is one of three projects ready to recieve power ASAP.
(Plus the Environ. Approvals will soon be only approved at the Provincial level with some minimum Federal Oversight.)