Your first point is confirmed by the March 12 press release " Teck Resources Limited ("Teck") as operator of the Schaft Creek Joint Venture has recommended a comprehensive series of studies to review all aspects (including metallurgical, pit slope design, geological modelling and environmental) of the Schaft Creek project. The objective is to review all data.... " .That doesn't sound like anything was accepted or approved by Teck. I also don't think our current share is just a reflection of current market conditions. If we are not trading at a significant discount to market value then we'd better hope there's no sale at current market or we won't get much. We'll see the impact on the share price when Teck makes their intentions more clear with SC.