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: Drilling Discovery Zone

Makes sense to drill up the Discovery Zone first, since it was initially envisioned as a waste dump. What a good problem to have ... too much mineralization and not enough room for waste rock, processing and tailings. I wonder if more "sterilization" drilling may need to be done first to complete the FS. Quite plausible to get some of this done if needed by the late August-September deadline.

My sense, is that we definitely won't see the FS until late August or September as mentioned, if we do indeed see it at all. Elmer repeated numerous times that the FS needs to be done to FS quality - I think this implied that they are working hard on it, but not rushing to the point of making mistakes. Do it right, absolutely no room for error in what gets handed to Teck. However, the fact that Elmer corrected himself once when he said the FS would be "late summer ... uh, mid to late summer" makes me think that he knows that this is still definitely months away. The news releases of late 2011 early 2012 also contained language talking about the complexity of the FS - I think this was hinting at delays which then occurred.

In my mind, nothing has changed here if you've been following along the last year, and not too much new information that will affect my investing decision. Some good clarifications by ES and he still seems very positive about the "district" potential. I hope we get taken out this summer, but am mentally preparing for a September FS at the earliest, given what ES said. Always better to be surprised than to be counting on the buyout coming next week - of course that could happen and we'll all be the happier for it :)

Bring on the new aerials and get those drills turning. Time to prove it up and get the FS done. Haha, he also dodged the $ question, so let's see what kind of PP comes.

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