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: "Right of First Offer" question for anyone dialing in today

Has Copper Fox made an Offer to Teck in compliance with this clause in the JV agreement?

This is a good question. Why wouldn't they start this sale process right away? There is no reason. If Teck does not accept it then we can sell to someone else during the following six months. If they put the offer to sell to Teck now and Teck is drilling will they have those results within the two-month period? If not, and they turn our sales price down, can we then take new drill results and improved confidence and sell to someone else?

We should also ask if an Offer is made to Teck to sell will it definitely be announced in a News Release so that we know what stage we are at?

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