What you dont understand is Teck understands the value of doing business with JV's since they rely on them to do all the discovery work. Teck will give us all the information we need.

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Well, make me understand?

Back up your statement, show me some examples of these big buyouts with juniors doing the work for Teck?

If Teck has a reputation for paying their juniors handsomely because they are doing their exploration work for them - surely there must be some examples of big pay days and high buyouts for these cherished juniors?

I'm open to change my opinion, but I can't think of any examples.