Re: BFS and share price

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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Prospekt

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Re: BFS and share price

in response to

Re: BFS and share price

stomper

posted on Sep 06, 2012 07:12PM

whose CEO has recently stated they are fully geared up with projects

What are you referring to here? When did Don Lindsay comment on this?

I know he said at the end of 2011 that they were not contemplating any acquisitions to expand future mining. I have a note from Teck that explains in the context of that comment they do not consider their decisions to exercise their back-in rights with their exploration ventures as acquisitions. So, in other words, he wasn't talking about this sort of deal with Copper Fox.