Pretty good deal TNR gets 1,000,000 shares of MUX, and a back in option for 25% of the disputed claim. That amounts to about 720 million pounds of copper indicated and 1.7 billion pounds inferred (so far). The downside is that they have to cover 50% of the exploration costs on the northern half of the property just to get their 25%. I suspect that McEwen will use this clause to effectively dilute TNR out of their share, and in the end they may end up with only the Net Smelter Return and the shares of MUX. If they want the 25% they'll have to pursue it aggressively, with a lot of financing required, and I'm thinking this project isn't really the focus of TNR right now. Nonetheless it's a good result for TNR