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%)

Free
Message: What if the bottom falls out???

Allthough Teck is a large company , it's basically a family business of the Keevil family . Norman B Keevil III is the Chairman of the Board and his grandson is on the board , they've also got Felix P Chee from the CIC on the board , a plus . Teck has two classes of shares , one type gives you 1 vote , the other type gives you 100 votes per share . The Keevil family has enough shares to vote thru watever they want and they appointed the rest of the board .

I did some quick math , if cuu went down to $.30 EE could buy the rest of the float for about $40M . Chump change for a billionaire .

I'm going to add my thoughts on why Western Civilization as we know it is doomed . We're talking about a mine that might have a hundred year life here and we're concerned whether the mine pays for itself in 4 or five years . The Chinese will scoop up deposits like this as we dicker over IRR and Payback period .

Also in one hundred years the pounds of copper we " Lost " from the revised RE because the grade was low might be considered highgrade so it will get mined eventually .

Share
New Message
Please login to post a reply