posted on
Jan 20, 2013 11:00PM

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%)

Message: Re: VIRC
25% would be steep for a drilling plan. I'd want to sell off CUU and buy that company.
I should clarify this statement. The 25% figure was the example I gave. MS didn't mention any percentages to me. All he said was that they would get another JV partner with deep pockets to continue on. And they have no shortage of other interested parties from what I gather. Right now everybody is waiting for Teck to make their move. Sorry for the confusion.
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