No. I think that applied to concessions that were not being exploited due to the low price of gold...in other words it did not make economic sense at the time. As far as I know...KRY took over the mine for this reason... Placer Dome was not moving things forward because the price of gold was too low to make it profitable. So KRY signed a contract in good faith, solicited investors (like you and I) to accept risk in a relatively unprofitable environment to finance expensive environmental engineering studies, mine construction plans, etc., etc. to develop the mine. Fast forward to the present....gold happened to skyrocket. Mining is now very lucrative. The risk that we, as investors, took looks like it will pay off....unless, of course, with 20-20 hindsight Vz feels that they want more (now that the risk is no longer a factor).