I have herd many ideas of how people think about the JV.....etc.

I really dont understand why people think that Schaft Creek had to be with Teck.

Now I might be wrong but I look at it this way.

Lets say Teck backed out, cause lets face it.....Jay J is right about everything ....bringing drills back and forth...BFS ....etc.

But lets just say Teck did back out, what would have happened?

From what I see,,,,we would have got the whole thing...all of the Laird shares....etc.

Now from what we know, since Teck signed into the JV....how much money did Teck spend on us?

Sure they gave us 20 million, but that was on signing the JV....everything that management spent so much time and money on.....Shipping etc....we just got our money back.

So what has Teck actually spent towards Schaft Creek?

something like 10 million.

Now lets just say Ernesto put that money in...or we did dilute our SP a bit more to raise money???

Im sure that CUU Copper Fox SP would be a lot more that what it is, after all we would not own just 25% we would own everything.....and the lands that we picked up. That Teck now has added to Galore Creek etc...

Then we could have dressed it up ourselves and sold the whole thing to who ever we wanted....after all, we are going into a copper shortage in the next few years.

Thats my take on it.