Re: Copper Fox has Issued a News Release
in response to
by
posted on
Apr 10, 2014 05:38PM
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%)
If Teck wanted Carmax, they could've taken the $1million PP.
It's not like Teck hasn't done this with any other juniors either.
Elmer said as we wait for the decision by Teck, they will at the same time look into Arizona and maybe other opportunities.
I'm not familiar with Carmax, but I'm going to give Elmer a call and find out why we took part in this.