It's one possibility. If Teck was negotiating to acquire the rest of Galore Creek they would not want to show much interest in Schaft Creek to help their negotiating position. I checked Novagold's financials and they still want to sell their 50% interest in GC but didn't like any of the offers presented to them as of November last year. Teck may also just be sweating Ernesto to see if he folds. He did once already with the JV agreement.