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: Another date to consider
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Mar 01, 2013 09:13PM
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Mar 01, 2013 11:13PM
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Mar 02, 2013 09:27AM

The phrases at least and per annum apply to both sizes, so there is some overlap. Maybe someone here knows if 5.5 a applies where, in the case of a joint written agreement on parameters before hand, then all that is necessary is a NPV of at least $ 1.00. However, I'm more concerned about the status of the feasibility notice, which appears to be key to the timelines. I'm not trying to justify what CUU is doing but rather understand what's going on. Most are feeling the pain with the intensity a function of average purchase price.

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Mar 02, 2013 12:55PM
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