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: playing nice
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Aug 05, 2012 04:37PM

Actually business is business and CUU should do all that is required within ethical boundaries to maximize shareholder value.

The way to do this is to have all majors bid for the value or percieved value of the property.

The Mira in my mind is the key to this. Make sure it is released as promised.

Its about the highest bidder not future relationships. Its about maximizing shareholder value. Playing nice to me means we will be taken advantage of, and when you have other majors involved then the potential to get low-balled is diminished.

We should not be victims here! We have the straight aces.

Same with CUU2 highest bidder takes it. We don't have to partner with Teck, we should keep our options open.

CUU needs to release the Mira, Titan and other data so the world knows what we have.

I am fine with a bidding war. That would be our best scenario. Force Teck to back in and stay within the conditions of the contract.

I do not believe we should be negotiating only with Teck.


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Aug 07, 2012 02:00AM
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