The buy out pools were predicated by the belief that CUU might be taken out by Teck while still under the old Salazar agreement , where Teck would have had to spend hundreds of millions on the development of SC to earn back under the back in options otherwise. Second, the pools were done while CUU was still just an exploration company with SC as its only asset....pre VD, Sombrero, and CXM. Just something to think about.

And despite the factors you mention, the pools were conducted when CUU traded in the range of about $1.50-$2.25, not when we were 17 cents. Just something to think about.