I wouldn't say "tons" of claims. Koch had "tons" of claims when he was working with Urbie, and the ones they did work on turned out to have nothing of value.
Sheesh, is Koch going to turn into the Xers' next Guru?
Wrong, tiger. The company has the right to acquire koch assets on a leasehold basis, for CASH and to fully fund exploration of those leasehold assets in return for a percent of potential profits.
Any stumblebum could have that deal with any one of dozens of moose pasture holders. Learn hoe to read.
FalC is the diamond exploration development joke of the century. The guy at Newmont that put money into it got fired and no new funds will be forthcoming. Not to say Saskatchewan could not have diamonds but a development at FalC will never happen in the next thousand years.