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Their might be another way to look at this. I have read pretty much everything about Teck…Elmer ….different case scenarios , why Elmer took so long, We won`t believe the numbers…etc…

But. Is it possible, just possible that Elmer did this purposely?

CUU…needed to hand Teck a POSSITIVE (BFS) to get the clock started. To find out what position Teck will take. ( hopefully none at all )

So make the BFS….( just ) positive. We never went to full depth…added the waste rock etc…disappointing, yet….the BFS was positive.

Im sure we all can agree that Elmer has a buyout price in his head…..I think that Ernesto has more than likely discussed this with Elmer and knows what price it will take to get the deal done.

BUT

At 75% buy back from Teck. Teck will receive billions of dollars worth of Shaft Creek of a measly couple of hundred million dollars.

Just think if Teck backs out. Cuu sells 100 % to a major for the same buyout price…we get more !

Just maybe Elmer is doing this so Teck will offer us a low ball offer ……Then the race is on!! Once Teck gives us an offer, we can get other offers in as well from other company`s. Unless Teck offers us the right price for our shares.

Keep in mind, Elmer did not need to secure a shipping facility, But it sure would come in handy for another company to take over knowing that everything has been done for them.

Elmer just might have a game plan to force Teck to give us a good value for Shaft Creek, yet hoping that Teck backs out or takes a very small position. Then were free to drill a couple of holes…to prove up what were really worth, add the beyond 400 feet at depth….show the value of the waste rock….and possibly show some value of our own property of what we had purchased.

This might all be just a ploy…do I know…..( NO)….but the man has brought 5 mines into action….has the U.S property and BXX to bring on line as well. This is not Elmers frist time.

Now that we`ve thought about this…..is it possible? Just maybe ? we don`t know…..just have to wait and see.