That's pretty cool, clearly a lot of utility potential there. It kinda reminds me of a folding Spydie-style version of Blackjack's Trail Guide. Quick comments:
1) Where's the lock(and what is it)?
2) Maybe move the shoulders back towards the handle. Personally I don't care for the grind passing through the hole, though I guess my suggestion might thin the choil too much.
3) Round off the front of the handle and tang of the blade; when that is closed right now, it would have a sharp, straight top that looks to be almost 2" across. A rounder shape would draw easier and look nicer, IMO.
4) I think a very slight swedge for the clip portion of the blade would look snazzy without compromising strength significantly.
That's awfully nice, though. Any chance you'll make it? (Get that Spydie license for the hole first!)
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-Corduroy
(Why else would a bear want a pocket?)