Cbew, if we are in fact going to JV with another company to prove this up - that would be truly great news and completely negate my speculation on share price and dillution.

Is that the "Plan B" some have mentioned earlier?

Yes, that was the plan B that ES talked about. I asked ES why they just wouldn`t tap EE for the money and he told me that the BOD also didn`t want the dilution either. If we controlled 100% of the project then it is much easier to go in a JV with another partner and at this stage we wouldn`t have to give away too much to gain alot in return.

This is not like some grass roots project in the early stages. We have done alot of work already with aerials, mira etc. and have a BFS already showing it is economic. With a few tweeks, and some def. drilling in the "waste rock" plus more metallugical work this project can be improved tremendously not to mention the still tremendous upside potential in the still untested areas. What company would not jump at this opportunity to gain so much with so little investment? Teck would have to be fully comitted elsewhere if they decide to walk imho.