I don't like arguing with you Prospekt as you are usually right.

If I was usually right, I wouldn't be here still, sadly.

The Salazar agreement also details what happens when the BFS is delivered as per the contract - none of those things came to pass (Liard share transfer, working interest, 120 days, etc...) so its at least possible that it wasn't delivered as per contract? I'm not forcing this on anyone as fact, but it isn't cut and dried for sure...

I see your point because the rest of the Salazar Agreement was not followed precisely, but I don't think that the two things are related.

The 120 days were roughly followed, they allowed it to go over because they were completing the JV, we just didn't know it at the time. Elmer said on numerous occasions that the 120 days were triggered. The Liard shares weren't transferred but the interest was and they are held in Trust. There's a reference to all the details in the Salazar Agreement in the JV.

What possible reason would there be for not delivering the thing? It doesn't make any sense at all. I refuse to believe in secret back deals or hidden negotiations.

Here's the section of the Salazar Agreement that shows the definition of "feasibility notice." This notice shall include a copy of the BFS and the expenditures--nothing else. Those two documents constitute the feasibility notice.

Upon Salazar completing a Positive Bankable Feasibility Study on the property, Salazar should forthwith provide Teck Cominco with written notice (the "Feasibility Notice") which shall include a copy of said study and statement in reasonable detail showing Expenditures incurred in preparing said study.