Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Interesting Point
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Nov 24, 2011 07:23PM
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Nov 24, 2011 07:26PM
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Nov 24, 2011 07:30PM

The fact that Teck didn't back in is telling. They are cooperating with us because the insiders could refuse any price. An early back does not stop the drilling. It would complicate things and cost time on the final agreement. So Teck wants us to make this cost a lot more because it's cheaper than attempting a total buy out that might fail and make the final deposit worth that much more to them.

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Nov 26, 2011 09:08AM
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Nov 26, 2011 12:16PM
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Nov 26, 2011 01:41PM
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