My understanding in the context of Probe is that FTS money could not be used to option/lJV/lease/buy land or mineral rights. The rules on what is an expenditure are very strict. You can not use the FTS money to buy/accumulate assets. Similarly the expenditures have to be directly related to exploration and must be "expensed". No doubt the accountants and lawyers know the ins and outs but there is very little grey in the rules. As to having 24 month to spend the FTS funds on exploration that is a CRA rule that can be made more restrictive by the deal. From the news release my read is that the funds have to be fully expended by the end of 2014. I haven't seen the actual deal so I may be wrong (wouldn't be the first time). I expect that the land deal is done (with old funds) and that a substantive amount of work is about to start. Also remember we don't have 30 million in the bank after last winters drilling. ... Been There