These are not negotiations. They are a contractual requirement so options can be delivered as vested against those activities. The discussions would include the JV.

We should also keep in mind that a drilling plan has to be drawn up and it must be transferable to the JV or we are just wasting time. We all know what Elmer wants to do so it should be instructive to see what Teck wants us to do and we should be able to gleen that from the differences.

We are also due a plan of attack for Az. This btw is now over due from the desired time line. Gee, I wonder why that is... Bigger fish to fry? I really want to see the drill plan for SC first. From that we can extropolate the value it will bring. Teck can give us a greater % and take the royalties and fund our drilling. Suddenly, we'd be a whole lot richer. I think the sp would respond and by the first few assays this baby would be on people's radar.

The massy flip side is Teck saying this isn't bankable and they take their %. It looks a lot less likely this will happen and the vibes we are getting suggest a new direction is emerging. Perhaps we are going to be around a little longer.