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: PP Closed
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Oct 24, 2012 07:49PM
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Oct 24, 2012 08:23PM

I take it as a positive. Not only is less money required than expected, but less dilution and if they didn't take the full amount - it means they don't need it even for future payment (legal fee's etc.) which may mean we're close to the end. Or even if we do need more money for legal fee's to wrap it up, it should be at a higher price and less dilution.

Speculation: Closed tonight instead of tomorrow morning because BFS will be released tomorrow. Regardless of if it is or not, it should be out in a week or two...and actually out, not "it could be out any moment now" like we've been saying for the last year.


Oct 24, 2012 08:26PM
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Oct 24, 2012 08:40PM
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Oct 24, 2012 09:20PM
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Oct 24, 2012 09:24PM
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