If Teck elects not to earn-back then Copper Fox would approach other companies. However before Teck makes their election, other companies would not spend much time looking/working on Copper Fox simply because they are not sure what percentage interest of the project would be available

Yes I know. Like I said in my 1st post about this. We've been told this many times. But is it BS....This is just another way of seeing things.

Forget about the whole 75% back in scenario, it doesn't hold (JV with CUU would be necessary if back in, then Teck must finance to production, 4x expenditures, 4 year clause).

Fact is Teck likes to work with others and be the operator.

Teck would be willing to sit down with a giant like BHP and split the cost (without having all the back in terms in their way).

Someone just needs to offer fair value for CUU's Schaft Creek asset....