He basically said this and it shows how much he knows about the company.

Sole risk exploration as we only have one project on hand. - Aside from SC, there are van dyke, somberto, and mineral mountain.  Say what you want about the last two, but Van Dyke is a pretty good project that should be worth more than what Copper Fox paid for.

Porphyry projects are very expensive to explore. Or copper explorer who uses other people's money.

He's right here, SC is using Teck's money.