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: Drilling and Blackout:
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Sep 14, 2012 07:53PM

Something has gone off track.

I didn't think we had a deal before so something may have gotten on track as far as I'm concerned.

When the drill results came in there were some duds. They were going to have these analysed and I wondered if when the analysis came in they decided to send another drill back for another shot at it because it showed some potential.

Then, last Friday, Teck called a meeting. They called the drill back. The stock price showed some life. They closed that financing with EE, and initiated another one right away for more funds to be used for lawyers and outside valuations. Now...maybe...they are negotiating.

(All of the above is pure speculation on my part so please don't take anything above as fact.)

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