The future in Elmers eyes is certainly a lot clearer than most gave him credit for.

Although at first glance as some have suggested the current payouts of 60 mil don't cover the current exploration costs to date. I see this as simply no issue at all.

There IMO is virtually no chance that this does not move us to the next level. The BC NTL commitment a couple of months ago was enough for me.

Simply the JV was formed due to the high EE asking price for the whole ball of wax. Moving ahead his asking price only gets higher. IMO they in fact may have tried to scare tck away and keep the spoils all in house. However this is the next best thing. TCK was never going away form the district. They wanted it and now they have it and we own approx 30% of it. We all know the value moving out into the future. We have all seen other deals in the past.

Its crystal clear that the future value once unlocked will far outweigh whatever did not come forward with the prior agreement.

IMHO this is the best outcome for my shares. I will take my wife out tonight and celebrate with a bottle of sparkly. Wishing you all a multiple bagger from here on out to liquidity.

kahuna