Copper Fox Metals Inc.

Thanks for clearing that up, I see that logic. I learned something.

My train of thought was that we did pay a pretty penny for the additional Liard shares we bought earlier, so I wasn't assuming they were essentially worthless right now (pre-buyout/backin).

I assumed they could assign a reasonable value to the transferred shares (based on previous sales) and keep that assigned value 2 months later for their return if they bought us out.

I assumed that because this was just a step in a pre-negotiated agreement, they wouldn't have to re-assess value of the shares as it is just procedural. I guess my cautions about assumptions goes both ways...