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: TECK buyout
3
Feb 12, 2012 07:06PM

I agree with your rational on Teck buying us out completely... (IIetea)

Why would Teck paint them selves into a corner with a 4 year time restriction to build... This is key in my opinion... Teck and many others are having a tough time attracting tradesmen and workers right now... Add in the billions of dollars being spent in the tar sands... I just don't see how Teck could compete for the people to build a new mine... There is also a long wait list for mining equipment and most contractors like Finning and P&H are stressed to the max as well... 4 years is just not enough time to get Copper Fox up and running...

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Feb 12, 2012 09:21PM

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