Wasn't talking about option lands

He has an agreement that states, pretty clearly, a JV to develop the mine is to be formed with Teck, within 60 days of the BFS notice

...and until Teck earns their chosen interest, CUU will remain in control of the JV

IMO, that is a pretty significant clause

Cannot imagine Teck being comfortable being on the hook for several billion dollars subject to a JV which they don't control

...and that is a position that could be assigned to a successful bidder for the CUU interests

My point is that seems to be a valuable lever assuming Teck has an interest in Schaft Creek

It is certainly an issue that I would exploit

See paragraph 15

https://docs.google.com/file/d/0B1opssTdj4BuY2FkMmQzMDctNzdiZC00Njg1LTg3YzUtNTY2MzhjODRlMGFl/edit?hl=en_US&authkey=CPLqmtQO