Teck could then say ''we'll in that case just give me Schaft Creek and keep the rest'' = CUU wins or Teck could say''Ok here's the offer for everything'' = CUU also wins.

False Dilemna: http://yourlogicalfallacyis.com/black-or-white

Teck can also say, since it's not proven we'll only pay 50%, or 75% or 25% or perhaps they'll try to do another option agreement. There's a lot of ways it can play out, and while I do agree that most of them are advantageous to CUU - some are definitely better than others. It also plays into how much CUU wants to "exit" - as in, do they want to exit BC entirely, or just SC or as a company. This point isn't exactly clear. Perhaps they offer a low (lower than 100% value) percentage of what the non-proven lands are worth, and we just take it because we want to exit entirely (if we do that is).