I'm hoping for door #1 complete buyout and Teck gets our drill program draft. Teck can start construction and drill at the same time saving them time and money in the long run and avoiding the chance of a bidding war down the road.Short term pain (buying us out) for long term gain. They will look like a mining guru when all is said and done. LS

IMO if they wanted to look like "mining gurus" they would buy us out, then using the same format, price etc, sell 30% of the project to Sunitomo, already a 49% partner in the holding co. for Teck A shares, then 30% to CIC, already a partner with 17% of the Teck B shares, and keep the Liard shares.

That would give them 80% of the liard 30% = 24%

40% of the 70% outside of the Liard holding = 28%

Teck would have 52% of the profits and two heavyweights paying 60% of the development costs..Teck would be the operator and have a bundle of profit from the sale to cover their own costs... Of course this is just another of my dreams that probably won't happen.....chunky