Copper Fox Metals Inc.

Why would that be a conclusion for not transferring now

First, I don't think an option exists for not transferring upon demand, they have been earned

And Teck may intend to try and buy out the CUU interest in the property

But how can a successful negotiation for that outcome be assumed

Seems to me that there are some details like price that might present an obstacle

And that price should reflect the marketibility of the interest to be conveyed

And it eludes me how our value would not be enhanced if in addition to what has been disclosed, we are able to package ourselves as owning the indirect interests as well as the direct

We do ourseves a disservice by assuming that we have to deal with Teck

They may not be our best option

...and anyone else will need to know that we can convey title to the indirect as well as the direct interests

A claim we cannot make until we are in actual physical title to the interest

The very reason why, IMO, Teck may not want to relinguish the shares