Yes, this will delay the max payout to a year or so from now - but share price should at least double from here due to the fact that we are going mining. Those that need out or are overinvested can reduce exposure hopefully above their average and hold whatever is comfortable for another year or so for a larger payout when we sell our 25% of a district (financed too).

Um..no that's not what I said. I said if we get a 75% back in, majors should fight over each other for the remaining 25% since the mine is being financed and operated by Teck. It doesn't get better than this for them...We would get a bidding war and it would happen fast.

CUU would be the most marketable company on the V. Operator, Financing to production, Port and Power (under a copper fox agreement).

On top of that, the buyer of CUU would have the Liard shares (control) until Teck earns it's option and this buyer could try to enforce the 4 year clause. What does Teck think about this...

So again, I would be pretty excited by a 75% back in and CUU would get a higher buyout price because of the bidding war.