Thanks for teaching me MoneyK.

I didn't realize how the NPV was different for CUU than for Teck - but it makes sense based on the JV agreement. It certainly makes it a lot more compelling for Teck.

We have two project both of which (we expect) are worth in the $1 billion range. At 50% of NPV - $2.00 SP is not an unreasonable target. 

I have been wondering which project is more valuable to Copper Fox - it seems too close to call.  SC should bring in more $ in that it is a more advanced project but it sounds like the business environment is better in Arizona than BC.  I wish one of them would sell for 50%+ of NPV within the next year - that would restore a lot of confidence in the company.  Patience is very much needed.