From a Dec 16 WCX earnings announcement:
"For the past 9 months, we at Williams Creek have said that we would do three things: explore, engage in equity and joint venture agreements, and engage in financing and royalty agreements," said Michael Sonnenreich, Chairman and CEO of Williams Creek. "This quarter's encouraging results are showing that there is strong merit to our strategy, and we intend to continue progressing with all three aspects of our plan."