Elmer is Teck's bi'atch. He's a kept man as it were. They didn't want him stepping out for some coin so they set him up real cozy. LOL. He probably does need the money and should get the rewards that come with it. It has a second advantage. He leads the transition team for them too. Most people will miss this.

BFS->RE or RE->BFS. Following the old plan is better. We must start the clock. We can't do a second bfs and the resource is enough for negotiations. Otherwise we would be looking at the end of next year and with the new drilling we'd be in exactly the same position but with more value in the ground. There would be almost no retail left and insiders would own too much. If we get too close to 70% even I would bail.