I just talked to the office and was reassured the FS should be out by the end of summer.

I wanted to be sure my understanding of the Liard agreement was correct and if TCK backs in they get the same percentage of the indirect holding, liard share, as the direct holding. E.G. we drop the FS and get the 78% Liard holding, they back in for 75% they get back 58.5% of the Liard shares, leaving CUU with 19.5% plus the 1.6% we already own for a total of 21.1%

I hope my long held belief, that TCK will buy us out before the BFS is dropped, is correct. this lackluster drilling season and early camp closing reinforces that view. if I'm wrong we're really going to wonder why we basically wasted this season. yes, there is value in the Discovery zone, but it's deep and will be utilized way into the future. This whole thing is becoming so huge they'll still be mining it when the grandkids are old.

I hope we all have a nice suprise within the next 3 weeks....chunky