Copper Fox Metals Inc.

Based on the last press release, they may not have the resource block modeling done in time to make a decision on a resource update before this year's workplan is released. Ideally we'd like to hear that no RE is required and then Teck would prepare a technical report to file on SEDAR. The technical report would allow Teck to finally book some reserves at Schaft Creek. If they proposed some drilling on the Grizzly(north of LaCasse) or Wolverine targets(south of the Liard zone) that would be welcome. Announcing more churn on studies of stuff would indicate more treading water on this property.