not 400 million yet. if they back-in 75% then they have to spend 4 X expenditures which were 71 million at last check (9/30). 4 X 71 M = 284 M. Company has since spent another 8-10M since so add another 25-30M maybe. Circa 300M. Proverbial Deal of the Century imo.

Yes and 71 Million is coming back to our portion of the project.

Teck invited Elmer on teh iard board because they know the Feasibility is coming and when Feassibility is out CUU will own 80% of the Liard shares.

At that point Elmer could remove all the other boys on the Liard board and replace them by CUU boys.....it's called control.

So they put Elmer on the board as a friendly gesture....it's like politics.

We're nice with you, so be nice with us when you get the control.