Teck is trying to look uninterested but at the same time keeping every shread of district evidence under deep cover.

Teck plays fair with jr's? Yeah right..."saying that I play fair" is exactly what I would squawk all day long if my CEO job demanded that I secure a "steal of a deal" on a project acquisition.

Obviously Ernesto is not budging. I am sorry to sound down about this situation but this situation tells me we are in for a long long wait before Teck submits to Ernesto's price.

I understand what you mean but you need to think in a larger scale.

Would acquiring the "steal" of a project at a low low price outweighs the money you make from a project?

Look at it this way.

Would saving a few hundred millions of dollars be worth wasting allt his time just so Ernesto would budge? Versus SC in production and taking advantage of a copper deficit as early as 2017 (from the article) or taking advantge of the next copper bull cycle.

SC annual cash flow alone is half a billion dollars. I don't think Teck would wait just so they can save a few bucks in buy out value later on.

Just doesn't make business sense. When it does, it's a fair value to both sides of the party.