There's a lot of discussion on buyouts, which is natural - but I think it's important to clarify what will be bought. We can have just SC be purchased for 100% which has been fully proven. We can have SC as well as the optioned land purchased for 100%. We can have SC, the optioned lands and the lands that we fully own in BC sold as well.

All three are possible and will have different values attached to them. $2-3 may seem low, but what if we got that for just SC? What if it was SC + the optioned claims, is $3-4 worth it: too much, too little? What about the rest of the land package. Perhaps it's strategic to buy as it allows expansion, but for the most part it's unproven, do they take that risk? It's probably not worth much outside of a strategic purchace because of it. Keep in mind $1 represents about $400 million depending on how some of the options and warrants play out.

I think it's important to keep in mind what we'll be selling when discussing buyouts. It makes a difference. Although preferable to sell as much as we can now, and probably managements goal - things don't always go according to plan (as we all know).

Then there's the possibility that, and I'm sure although most people want to get this over with ASAP but, what if Teck doesn't give us what we're looking for? What if we "go long" and have to spend some time drilling the pit to move things from inferred to M&I. That's a few months longer to wait. Although I'm sure we could sell it to someone else, they may not be as favorable in terms with the inferred not proven. I know that the drills in and out suggest that, most likely - there was some things going on behind the screens but we can't be sure and we don't know how much we'll get for our potential now and may have to end up proving it up. How many will stay for that?