Copper Fox Metals Inc.

I don't really understand where you are saying I have gone astray.

I am drawing inferences from NR. There is no mention of the February 4th submittal being a bankable positive feasiblity study; the first paragraph calls it a "technical report pertaining to a feasiblity study." But in the fourth paragraph it refers to "delivery of a Positive Bankable Feasibility Study (as defined) to Teck" as the necessary triggering event. If the February 4th submittal was a "Positive Bankable Feasible Study," why didn't they call it that?

The rest of what I said follows from the terms of the Salazar agreement.

Regards,

Volpino