I just had that thought....Ernesto thinks TECK take 75% back in on Positive BFS which this PP clearly states the funds to be used for BFS....

Here are tghe total expenditures as of July 31st:

To July 31, 2011, the Company has spent approximately $63.6 million of qualifying expenditures toward the feasibility study.

***That was 5 months ago..

Since then, we've had 4 drills turning the whole time, more admin expenses, 10 million in PP (sept - today), Port of Stewart deal, more land acquisition sept 23rd, Titan, and assays.....+ Feasibility expenses and legal fees etc..

How high will the qualifying expenditures go.....And Teck must pay 4x and spend that money under a certain time frame to earn it's interest.

Or Teck just buys us out and we forget about all that paper work lol..