RE

"Didn't Elmer specifically say an offer to Teck has not been made during the conference call? Then he went on to say that until markets improve blah blah blah. If that's the case then there is no "once we get proof we'll give you what we want" deal or he flat out lied to us. That said, it's possible we can still recieve an offer after drills.;"

That's right -- Elmer said that a First Right Of Offer has not been made to Teck.

The more relevant question should have been whether Teck has made an offer for CUU which management and insiders have refused.

Elmer did not have to answer that one!