Elmer isn't even interested in selling in a bad market.
Those are Elmer comments on a Teck back in webcast that Teck was surely listening to.
We know Elmer wants to sell. He was talking in general. Yet the Cobre Panama deal recently (5.1 Billion + 6 Billion to build) proves that deals still happen today.
Our 25% is very attractive (as Mike stated in the interview. Posted by Prospeck.
http://copperinvestingnews.com/16143-the-next-bc-copper-mine-teck-copper-fox-metals-ink-jv.html
You are correct that people who bought 1-2 years ago are under water. Just like Stifel (average $2.40) or the Insiders buying shares at that time , or just about anybody buying metal and mining companies after April 2011.
CUU didn't move on news back then, it didn't move on any catalyst. It just moved,