teck would now be willing to over pay for our 25%?

Smic, like cbew said, Teck or a partner of their chosing.

Teck already has a working relationship with 3 on Antamina and with Sumitomo.

We have a 22.5 % interest in the mine. Our partners are BHP Billiton (33.75%), Xstrata plc (33.75%) and Mitsubishi Corporation (10%).

http://www.teck.com/Generic.aspx?PAGE=Teck+Site%2fDiversified+Mining+Pages%2fCopper+Pages%2fAntamina&portalName=tc

Xtrata is now Glencore and they own 10.75% of Liard.

Mitsubishi likes small % (10% Antamina, 28% Quellaveco, etc)

BHP works with Teck and remember what the new CEO is looking for (Jurisdiction, safe politics, long life, no environmental or social impacts) read it again:

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/575984-what-the-new-bhp-ceo-thinks/messages/1807632#message

Now Sumitomo, ..they own Teck A shares (alot) and have 2 members on the BOD, so they both had to vote on the Schaft Creek deal.

http://www.teck.com/Generic.aspx?PAGE=Teck+Site%2fAbout+Pages%2fBoard+of+Directors&portalName=tc

And let us remember their recent commments:

''shift focus to spending on raw material assets as competition for resources intensifies. ''

'' Resource nationalism, or state demands for higher taxes, royalties or stakes, was the primary concern among mining executives in 2011,''

''A scarcity of high-quality copper mines globally promptedMitsubishi Corp. and Mitsui & Co., Japan’s two biggest trading houses, to pay double the original valuation ''

''“Resources in good condition are becoming rarer and resource nationalism is continuing to evolve”

''Sumitomo Metal, the second-biggest copper smelter in Japan, will seek partnerships with Freeport-McMoRan Copper & Gold Inc.,Vale SA, and Teck Resources Ltd. for access to new copper projects, Kemori said. ''

http://www.bloomberg.com/news/2013-02-07/sumitomo-metal-to-slow-investments-shift-focus-to-raw-materials.html