Excellent points leading to a very plausible theory. I don' t think we could drill any more slowly given how many zones and targets are out there already waiting. The RE2012 mentioned 31 targets/anomallies. We have a 10,000m drill programme - at most about 15-20 500m+ holes.

That jogs another theory...

All of these zones and proably most of the 31 targets are in the 2km Area of Interest under the TCK agreement (they have to be 'offered' to TCK).

[Only a little bit of the GK zone looks like it is outside of the 2km AoI. Unfortunately, GK is also located in terrain that is very steep and the most distant from camp. There probably is not much in the way of access road to GK either. Tough exploration relative to the Discovery, ES, and Mike which are so much closer and have some ready access. ]

Whatever is revealed this summer with drilling will be available to TCK when BFS drops (say mid-September). If CUU finds something, chances are TCK will want it. How much TCK wants it (i.e. $$) will depend on what tangible results CUU produces. If Elmer has more confidence in the geological model for the SC Mineralized Trend than TCK is willing to gamble, Elmer could retain this and unzip it with CUU 2.0 in a big way with the $$ it gains from selling Paramount/Main.

Imagine a new CUU with a low share count, 70% still insider owned, a few Longs going Longer (LOL!) and a season of 40000m drilling and unzipping zone after zone after zone.

This is, of course, just a theory - or maybe a fantasy LOL!. If so, Elmer drill as slow as you want.

Another question for Orcin would be how much of this year's drilling will be a Qualified Expense under the Agreement. I'm guessing not too much since those QE's are fairly hard wired to the BFS & Paramount/Main.