From reading the RE 2012 it sounds like there are lots of possibilities for further exploration (I'm only on p. 49 of 300 pages + 25 intro pages).

For exampe, the geology of the Breccia Zone (Western Breccia and Paramount together) trends North 2.1km, and then south 1km past the deposit. TetraTech says it may well go further south than this (Webgogs and others have speculated as much I believe) - the mineralization is yet to be demonstrated of this southern extension bearing the same geological characteristics of our mineralized zones, but it is one more area to be explored.

My opinion - I think they are charging ahead on the BFS. Only 2 drills right now? Doesn't make sense for an aggressive exploration campaign focused on maximizing value in the short term (by early 2013). I can't see management delaying the BFS again, unless EE has another 20-30M he is ready to keep dumping into Copper Fox. Doubt it. What would be TT's excuse this time for not getting the BFS done?

Read the RE - lots of fascinating material and new images!! I'm none the wiser yet on when I think this will wrap up, but think the 'district' idea is likely going to be a reality. I like the long-term prospects although I want my profits in the short-term.