I spent about 40 mins with Jason and then Mike this afternoon. Not much to add to the excellent detail from lletea and GL but I will try...some may be redundant so apologies in advance

Peer reviews have started and although no timeline has been given we are talking a few weeks not months.
Cost of both Merit and Matt Bender are considered qualified expenditures so 4x return.
Bender and Elmer both were classmates at Acadia
Teck have purchased 75,000 hectares between Schaft Creek and Galore
Comment from Jason of the crazy numbers and theories online...confirming what GL had heard...
Elmer, Mike and the lawyers continue to be in a blackout...but others have committed to a black-out as well...including Jason who doesnt work directly for CUU.
Why Arizona? Elmer likes the properties and we got a great price. CUU name will go on after Schaft Creek.
Mike expected CUU would not be left with any lands at Schaft Creek. There would be a buyout of the entire Schaft Creek property and CUU would move on to the next venture.
There was no convincing logical reason for the suspension of drilling while we wait. That speaks volumes even though I was told that Teck has not tipped their hand.
Dont expect anything significant from the remaining 2 cores in Mike Zone that crapped out short of the target anomaly. Terrain was brutally tough...breaking several drills.
Teck has been actively involved and has reviewed the majority of the feasibility, doing their own peer review as it has progressed, but not seeing the final product...insert smile
Most juniors at the conference envy our financing resources (EE) and only wished they were so fortunate.

As I have said before...I believe we are in very good hands.

p.s. Rumour has it Bender likes to swim in the glacial waters at Schaft Creek....sounds like something CG would try!

DC14