The residents of the entire Wapiti Valley will be benefited by the exchange.

It's a tactic to stall and delay, and I don't think it's going to work.

We are meeting the Department of Environmental Quality's three requirements - quantity, quality and reliability. The exchange sets up a 2005 water right; the purchase is the insurance policy. In the unlikely event that there's a call on the river, it protects the homeowners.