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: Memo to Teck

Yeah Teck is in a hot spot.

1) 1st they must back in

2) Voting shares transfered to CUU

3) Then Teck must spend 100% of the 400% expenditure money to earn their interest in Schaft Creek (during this time they have no control)

4) The mine must be producing within 4 years or they lose all interest they earned.....

So what is Teck to do...lol. Yes get rid of that agreement by buying CUU (fair value as Insiders own 65% of the float). A new agreement will be formed for the new stuff.

Share
New Message
Please login to post a reply