My current concern is about the word "development" of SC in the NR. What does that mean? Could it mean more than a drill program? But no real answers until after Mar 6th.
I'm a little worried about that too. This latest PP wasn't big enough for a drill program so it must be for environmental permits, or something along those lines. I believe that environmental studies and permitting are considered part of the development stage.
I noticed that when Creamer's Mining Weekly did a small piece about the PP just announced they describe the company this way: British Columbia-focused copper project developer Copper Fox Metals on Friday said it intends to complete a nonbrokered private placement to raise C$2.5-million, in which an insider has participated fully.
Really they are just re-wording the news release but it is an interesting re-branding in a way, although the website says they are a "Canadian-based resource development company." I guess if Teck is not interested then we will have to become a development company, with a Plan B partner.