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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: JV Formation

Yup. It shore duz.

9.1 says Upon earning an interest a jv is formed.

15.1 says upon getting an executed copy of the agreement and no more than 60 days after FS they have to make a jv agreement.

This implies making the agreement 60 days after FS whereas they have 120 days to opt. See the conflict?


Apr 09, 2012 01:59PM
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