Take a look at Selwyn resources also in the Yukon with...

Take a look at Selwyn resources also in the Yukon with potentially the worlds largest undeveloped zinc resource, have significantly downsized its project due to current economic conditions, funding, current zinc price etc

http://www.miningweekly.com/article/selwyn-massively-downsizes-flagship-zinc-project-hangs-up-for-sale-sign-2012-05-28

keep in mind that there capex's alone was $1 billion and something like 70c a pound

It also proves how fickle funding agreements can be in this environment even knowing that by the time the mine is up and producing the zinc price will be a lot higher and extremely viable. It's all about RISK OFF unfortunately,perhaps the MOQ funding agreement with OVR is in question or off the cards.

ast, have you questioned Hugh in regards to this?