But to say Teck can walk away with a loss of 23 million if they "don't" like the 2013 drilling. Let me ask you. Teck CAN walk away with if they "don't" like the numbers in general. You think that the 2013 drilling will make Teck not like SC? Teck is interested in SC's 10.6 million oz gold, 98.3 million oz silver, 10 billion lbs copper, 700 million lbs molybdenum, Measured, Indicated & Inferred (literally copy and pasted from above). ===============================
It just concerns me a bit WHY this is in there. Seems petty to have it there after getting such a good deal, but it is there none the less and they must have had a reason to negotiate it.
The anti-mothball clause in Salazar at least gave us everything (100% of lands and Tecks share of the Liard if Teck didnt play ball). We seem to be unprotected - no anti-mothball clause any longer. Maybe there still is one and Elmer can clarify tomorrow.