Teck could have picked 20% or 40%...and not be required to finance this to production.

Our 25% wasn't for sale, yet, because of the price tag via insider ownership.

Teck picked 75%

Teck could have wanted just Schaft Creek, yet they took ''ALL'' the land.

Of course, they wanted the port and BC Hydro.

All this says alot as to what Teck wants. Now they must earn it and unlock the value for us.

Will they string along a junior, no. they'll have a partner(s) to split capital cost with like they always do.

But 1st, one little detail, Teck will show them how big this is by opening up the Paramount chargeability by 100%. And we won't be around after that.

So when is Teck starting ?

''The Schaft Creek Joint Venture intends to approve a Phase I, 2013 summer program aimed at increasing the value of the Schaft Creek project. The program will consist of approximately 10,000 metres of diamond drilling and geotechnical studies. The objective of the drill program is to test the extension to the east of the mineralization in the Paramount Zone and to collect additional geotechnical information for ongoing pit slope stability studies. Drilling is expected to begin before the end of July 2013.''