posted on
May 25, 2012 03:02PM
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%)
Message: Re: CUU-2
Thanks for your answer. Well EE, and most of the directors own millions of shares so I am thinking they would probably prefer a capital gain instead of a dividend. That may be a huge factor in a deal with Teck. If this get's bought out for b/n $4-5 per share my tax bit will be in the hundreds of thousands so I also would prefer to be taxed at the lower capital gain rate. How many here are also in this situation I wonder? :) :)
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