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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Oct 23, 2012 03:54AM

Hey, JohnnyAug: thanks for your post. The only thing I would add is my understanding is the plan is to sell the company -- not just Schaft. I asked about this twice and was told that it is the most tax efficient away. I guess that would result in a spinco of assets not desired by the other party, possibly AZ lands, etc.

Let's hope for news soon. Cheers. SF

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