If Teck doesn't pick an option (75%) they don't need to pay 400% expenditures.

If Teck wants 100% before the option, then they negotiate a mutually fair agreement.

(Elmer needed to have a seat on that Liard board to negotiate)

CUU knows Teck has 1st dibs on 75% , on the other hand Teck knows CUU has the control, voting shares, 400% expenditures and financing, 4 year clause...

All this must have been taken into consideration and before triggering these complicated back in scenarios, land arrangements (who has what), forced spending asap so that Teck can earn it's interest in time....(WAY TO COMPLICATED)...

To avoid this, Teck offers a nice and easy clean...$6.50 for everything. (just an example)

Notice how the new mineral claim map is not seperated anymore...just 1 big piece of land.

If this is the case, CUU figured they don't need to spend anymore money on anything else. Stop the drills and close the camp. Oh and call the internet provider and cancel that to lol...