I'm not in favour of Antofagasta coming on board either due to all the uncertainty it would bring to CUU.

Antofagasta, to their own credit, I suppose, proved they know how to play the game when they got the Twin Metals deposit for a song.

They bought out a cash-starved Duluth Metals in January for 45 cents a share. Back in 2011, when CUU was also flying high, Duluth was trading at close to $3. The Twin Metals deposit, in some respects as promising as Schaft Creek, gives Antofagasta needed exposure outside of Chile.

Antofagasta was once a partner in the Twin Metals deposit, holding IIRC 20% of the property. Then they announced they were pulling out, which was within the terms of the agreements, as Duluth was running out of funds. With no other partner stepping in, Duluth had to settle for Antofagasta's low-ball takeover offer.

The markets can be a very cruel place to juniors without solid fanancial backing.