If Teck earns in, they not only get Schaft but most of Discovery and all of Mike zone. They would all come with the Sched A lands.

While Mike is still a big mystery, Discovery is at least shown to be mineralized for a couple of holes. I think any risk that might be there in simply earning in on the project - especially if the 4 yr clause is mute - would be mitigated with the large Discovery zone (and potentially Mike).

On top of that we do still have a big portion of Big Red and the 171 M tonnes of 'waste' to help improve economics.

I really can't see a good case for Teck walking all together. They might not want to afford the 2km Area of Interest claims and the rest of BC (i.e. a total buyout) but I can't see them leaving Schaft at such an advanced stage over less than $400M.

Chappy this is great.....if anyone is going to the PDAC....copy this and say this exactly to Jason....Then see how he answers you?