(Here's my take on this. A simple backin decision by Teck should not take this long. Teck has had all the info on SC and has been closely working with us since July of last year - almost a year now so a back in decision ( if that is what they want ) should have been decided by now.)

Q&A

The company has a relationship with Teck, Canada's largest diversified mining company, can you explain the significance of this relationship to our readers?

Teck has an earn-back right pursuant to the Option agreement entered into in 2002. We have been working with the senior technical people from Teck since early 2010 when we announced that we were proceeding to complete a feasibility study on Schaft Creek. The purpose of engaging Teck early on in the process of completing the feasibility study was to have their input into the feasibility study that is required to allow Teck to make their decision as to their participation in the Schaft Creek project. Teck’s experience in operating open pit mines of the size of that contemplated at Schaft Creek is valuable information that helps makes the feasibility study a realistic and practical study in the contexts of developing the deposit.

- See more at: http://www.miningfeeds.com/2011/05/01/elmer-stewart-copper-fox-metals-tsxvcuu#sthash.0KdemI41.dpuf

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So with all these pieces in place, and a resource table expected in late April, pit design optimizations will lead to a complete mine feasibility study, which Stewart hopes to see this summer. “At that point, Teck Cominco will elect to earn a 20%, 40% or 75% interest, or walk away with a some shares and a 1% royalty,” explains Stewart. “That decision should come quickly. We’ve kept a transparent flow of information with Teck, the provincial and federal agencies and the Tahltan First Nations so everyone can decide quickly because they all helped us get it there.”