Lets look at it this way.
There is no guarantee that SC will ever become a mine.
There is no guarantee that Teck would back in.
It's simply this, the risk for any CUU shareholders is that SC can become nothing but a land that can be potentially mined if someone invests in it.
It was the same before the JV and it is the same today. Why else would we be trading in the venture? Why would we be able to potentially gain exponential returns? It was always the risk involved with SC and any other junior mines out there.
SC can become like Van Dyke and get sold off only for a few millions. SC can become the next Las Bambas mine where miners would throw billions at it to get it into production.
Fact is now, we are one step close, we got the JV with Teck. Teck has ownership. We have 25% interest that includes a "free ride" into production with Teck.
If SC is as money making as we all believed to be, I am confident that Teck would want to take this mine into production.
This is why I invested into this. It's that big money out there see risks involved with CUU is that we don't know if Teck will bring SC into commercialization yet. I am betting that they will so that's why I'm continuing to buy all the way to 25 cents.