Mudguy, I'm not jumping all over you if you mean me.

I just think it is too early to reject a higher buyout price only because the current stock price is too low. I think our stock price will move up with a good Feasibility and when Teck chooses their option. Your assumptions may well be correct but I think that it is too early to apply them.

Elmer, Mike, and Jason have consistently stated that the final buyout price will be based on metals in the ground, not stock price. In real life, it is probably a combination of factors including stock price.

We have to see what they do with the ROV idea and what happens to the market if Europe fixes something this coming Friday or any number of other things.

I think the thing we have that can improve our value beyond metals in the ground is time. We don't have to take a low-ball offer right away. If Teck is opting back in our value improves as they put money and effort into making this a producing mine. We may not want to sit on it and wait it out but we could.