Yes. We operate right now exclusively in Nunavut, where the land questions have been settled. There is a framework that is very effective. Our problems there come from the fact that, as we have empowered Nunavut and this transition has put more authority into it, it doesn't have the capacity. Now what we're seeing is that INAC—which is, again, the federal government—still has the jurisdiction, and we're now caught between the reality of what it is and what we'd like it to be. Unfortunately, this is causing us to basically watch our permitting process just go sideways.
It is impossible now to function as you would in the south. The way Keith and I would both start is basically that we would find a target. We would then drill it, we could permit it, and we would get it done within a month or two.
I can't get a permit for four months. My season is only four months long, so this forces me to lose a year in exploration. My investors, who are looking, of course, at a return on capital, need news. They need to see the upside if I am to go back to raise new capital. It's impossible to meet the investor requirements now, because another company will say, “Why don't you go south where you can operate more efficiently?”
It's a problem.