Golf, I think your first comment about Newmont and the GT Gold acquisition is an important one. I also think it shows the huge interest of MAJORS to buy gold producing assets NOW, while gold priced are "relatively low".  

relatively low = GOLD vs huge increase in world money supply and $280 trillion debt and growing.

Schaft Creek has 6.578 million ounces of gold M&I according to Teck's Satellite Project presentation (thanks youngmoney for posting).  There aren't that many 5 million ounce+ discoveries, actually rare. Oh, and we have lots of copper too.

I think this outweighs any downside in any advantage/leverage Teck may perceive they have (or folks on this board) with ROFO.  There's just too much demand for GOLD assets by the majors right here and now.  If Teck doesn't move on our 25% asset, their glorious leader may find himself back in the hotseat by "activist investors" to have him replaced.