I don't see how you can read anything plus/minus from Teck's...

I don't see how you can read anything plus/minus from Teck's decision to continue this year... just looks like thorough exploration to me.
From memory, Teck put in 4 x 500m holes... so clearly they are not fluffing around with the surface stuff. Also, in the scheme of things Alacran is small bickies in their portfolio of assets.... 2000m's of core, which they have sent off to get a complete picture of the underlying geology.... they are not going to be hovering over every centimetre wondering what they have hit. When the assays come back they will look.... then get excited if they find something.

Teck let this bit of real-estate slip away.... I am sure this time they want to be certain about what is there ... or not. It will be this year's exploration which will give us the clues ....imo.