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

posted on Sep 06, 2012 07:53PM

The 4-year clause is not in the Agreement. We're not even a part of that legal document yet. It is what we will inherit after the feasibility is released when we get the Liard shares from Teck.

From Mike Smith: Teck have an earn-back right on the Schaft Creek project for 20, 40,or 75% of the Copper Fox interest for which they can make a onetime election to exercise at any time.