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: change the wording
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Apr 12, 2013 02:44PM

I think by now it would be pretty hard for Teck to suddenly surprise everyone and declare the FS is not bankable. After all, the study was prepared in consultation and cooperation with Teck Engineers. It was vetted by the best in the business, Merrit, and internally gone over numerous times by us and other independant contractors. Teck has had the full copy of the FS for over 60 days now so if something was wrong it would of definitely have been spotted by now.

So, imho, the 120 days are counting down. We are getting close to a decision soon imo. My guess is either toward the end of this month or early May we get a buy out. I`m thinking buyout because if they were just intending to back in they would have already made the decision by now. A buyout takes much longer because of haggling over price :)


Apr 12, 2013 03:23PM

Apr 12, 2013 06:03PM
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