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: Does CUU qualify as a mid tier?

Yes. Elmer does want to follow the Hunter Dickinson model. Given the market he has no choice. This will require a partner or partners. Teck is the best operator. Notice at Cobre that the contractor has been given the punt? Same one that Teck was going to use. If we get a sharp pencil in here things could change rapidly. This is a bit of speculation on my part but I think Elmer is assembling his hand picked team.

If Teck take 40% how do we make up the shortfall?

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Apr 04, 2013 01:14PM
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