"I agree but Elmer's rationale is that IF Teck were to back in, we would have plently of captial to drill. Liddy, you've called Elmer before, maybe try to call in and find out your answer. "

IF, Teck were to back-in... and if they don't we've wasted so much time doing nothing. Time that money cannot replace.

Even if Teck backs in or buy us out 100%, whatever we spend drilling will be reimbursed many times over, per the Option Agreement. What have we got to lose to continue business as usual? We have so much more to gain drilling.

As far as calling Elmer, I did call him on Monday but he was on the phone. I left message with Lynn for Elmer to return my call and to date I have not heard from him.