Teck Resoures last quarter earnings.
http://business.financialpost.com/2014/02/13/teck-resources-profit-hit-by-low-coal-copper-prices/
$227 million or 40 cents a share.
Teck outstanding shares 576.31 million.
Analysts expected 44 cents a share.
$20,000,000 / 576,310,000 = 0.035
Please don't say $20,000,000 is peanuts. It's 3.5 cent of each Teck share. They just missed expected earning of $4 cents.
Nothing is guaranteed. You are right. That's why there are risks in every investment. That's why we can profit from CUU.
But from the money Teck is spending, the actions they've done so far, plus all the other things, it feels like Schaft Creek is being set up for getting a production decision.