"When you think of it, management set out to do one thing and shareholders and pumpers blew it out of proportion.

Management set out to prove that Schaft Creek contained enough to make a mine profitable. Their job was to drill it, prove it and present it to Teck. They did that.

Maybe we blew ourselves out of proportion."

I disagree with you CG. Management DID PUMP CUU. Elmer and Mike last summer was going on and on about:

"You won't believe the numbers..."

"We have a DISTRICT"

"Teck will buy 100% CUU"

"Sooner rather than later"

"Giggling at our guessing price of $3.25"

"Liquidity Event..." blah, blah, blah

IMO, some of us posters took his "excitement" and started speculating and day dreaming or pumping but Elmer generated the bull crap and many just believed him. Of course, Vette's "enthusiasm" didn't help the cause.

In addition, CUU had so many supporters who were faithful and loyal to management and did not want to entertain any negative possibility to posters who had concerns, banning them, deleting emails, reporting anything negative as a violation did not help.

I think most of us at AG kind of got brainwashed that nothing bad could happen to CUU. It's all hunkie doury so we believed and waited for this liquidity event. Telling our friends, relatives, co-workers wanting everyone to join the "Happy Days are Coming Train" and after the BFS our X'mas present from CUU, things went downhill, sp went to kingdom come.

When we had the time extension, we could not believe the delay, we even made excuses and justification as to why there is a delay and then whammo... $20M upfront and $40M when 2 benchmarks are met, after we spent $89M. All with no end dates. Teck took control of 75% and now decides our future i.e. our money (shareholders), when we will ever see them again, if at all. No more Salazar Option Agreement, Liard, port, lands, etc.

Like you, I'm still hoping there is a "good unspoken (due to confidentiality/blackout) surprise AFTER drilling results are released in a few months from now, with complete buyout of 25% from either Teck or another major on standby ready to jump in.

If not, we are screwed because sp will be rock bottom. Not many longs are interested in supporting Arizona and want out and counting on still a buytout by year end i.e., this year 2013.