As we are talking about the future and where is the best opportunity. The current SP is all you can look at, if you bought at 1.50 that money is lost, not officially on paper, but you will lose it going somewhere else. Therefore you must use todays levels, and assume buying today. IMHO these levels are a bargin, i think about adding everyday. I also don't see how we couldn't crap out and sell this for $1.00, i guess unless Teck says they are never doing anything (but then why are they spending). I would love to hear some of the places you think may be better, maybe i should be looking ;) (pm is fine).