Here is my bone of contention. What ever happened to the time limit on the JV announcement and how many days (months) has that been?

They must be working on the JV now if they have been discussing the Expenditures clause and how Teck must spend their earn-back money on exploration and not mine-building.

There was no time-limit on completing the JV only that it had to start 60 days after delivery of the FS. Taking that old contract and updating it to the satisfaction of both parties must take quite an effort. (I'd like to know who is paying for that.)

Even if Teck only says it is not material to Teck, only to Copper Fox, that is a small shred of information because a material event is something that might move their stock price. If it's not material then it can't be a big buyout impending, I would think.