I don't know. I agree with some of what Vette says but I have a few thoughts.

CXO only has 40M shares FD, and a limited amount of resource and drilling. Therefore, one really good drill hole should move their SP significantly. Conversely we have some 430M shares FD and over 1B tonnes+ of resource. Changing course for CUU is like doing a u-turn with an oil tanker with that many shares and tonnes.

One or two good drill holes in our existing deposit and its hudreds (if not thousands) of holes are not going "double or triple" our SP. Hitting a string of great holes is not a sure thing. Chances are that we might hit some great holes but a bigger chance exists of chaulking up yet more average/good holes and there is some chance of a dud or two. With a few good holes, an odd great hole and the odd dud, the economic impact probably wont' be fully understood without a full RE and new FS. Adding value isn't as simple as drilling more of Paramount.

Yes, CXO is doing well currently. Conversely, Paget, next door to us and to CXO, has a few tasty holes and quite a lot of exploration potential and they are getting killed right now at 2.5 cents.

I still think that the Paramount/Liard zones should be left this year and effort and expense allocated to adding whole new zones and hopefully zillions more tonnes of potential. We could chase our tail drilling good, bad and great holes at Paramount/Liard for a long, expensive time. The same number of drills over the other undrilled zones/targets seem like a better bet. The current FS makes the case for the base operation, the other zones could add the icing.

As for the remaining clauses in our Salazar Agreement, can anyone really count on those? If we are picking and chosing which sections of the Agreement to strictly adhere to, the 120 day clock probably should be one of them. If we are letting Teck some slack with that, then it stands to reason that many of the remaining clauses (i.e. financing the mine, control etc) are open for similar fuzziness or negotiation. Where does that really leave us? Speculating I guess.

jmho