gotta say that this is probably the best deal available, and it aint bad at all. Vora... whatever you call it is a large Brazilian multinational... so yo know they have deep pockets and a regulatory aspect that would not allow for them to move on a sh*tty project... so that adds credence to the value ELN was/is giving the Bathurst project.

"Votorantim Metals Canada Inc. is a subsidiary of Votorantim Metais which is part of the Votorantim Group which was founded in Brazil in 1918 and now operates in fifteen countries with over sixty thousand employees. Votorantim Metais is the largest electrolytic nickel producer in Latin America and a worldwide leader in zinc production as well as a significant producer of aluminum and steel.


Votorantim may earn a 50% interest in the Property by incurring exploration expenditures of $10 million over a period of 5 years and may further elect to increase its interest to 70% by spending another $10 million over an additional two years. Upon Votorantim vesting with 50% interest in the Property ELN will retain a 25% interest in the 1805 claims as well as a 25% interest in any mineral claims staked subsequently by the parties within the Area of interest. Should Votorantim increase its interest to 70% then ELN interest would be reduced to 15% from 25%, respectively."

It's also nice to seen ews again.