'The simple facts are an unnamed party has agreed to buy the...

'The simple facts are an unnamed party has agreed to buy the royalty off Nuinsco - CVY does not waive any rights it has under the agreements. If it closes - ie due diligence is completed to the purchasers satisfaction, they will effectively pay $3.1m for a 1% royalty - CVY can exercise their option at anytime up to 2015.'

Isn't that exactly what I said?

You are right though, if that is all this transaction is the fact that someone has paid $3.1 million for a 1% smelter royalty is ultra bullish for an explorer.

Come on CVY, you know you have to announce who it is, and what your intentions are about the buy back rights.