Wow, this whole drilling (or non-drilling) really doesn't leave many reasons to think why a deal is not already in the works.

Another possibility. once again based on a game of poker.

Feasibility triggers Teck. Now Teck (being a good poker player) says :

''well let's wait the 120 days , let CUU spend more money, and see what CUU hits in the Mike zone, ES Zone, GK zone etc. And then we'll argue that the extra land is also part of the option agreement''

(Because I don't even think the land thing is 100% black or white)

Now Elmer (also being a good poker player) says ''No, let's blindfold Teck, we stop drilling and we'll show Teck the geo data but we won't touch the other zones until Teck makes a decision, but we'll still ask for an agressive price for all''

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.