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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: TECK Quarterly Call

Schaft Creek will be mentioned in their quarterly report just like other previous reports where Schaft Creek was featured in a small mention of project developments. Teck will probably say they are currently conducting studies on the property or something along those lines or maybe stay silent for whatever reason. I always look forward to Teck's conference calls as I always hope a Copper Fox shareholder would dial-in to ask Mr. Lindsay about Schaft Creek. Maybe Grant or other nervous investors could call in to ask some tough questions about our project and its future developments like road building, etc? Just an idea lol. Everytime when Teck's management team asks the public for questions I am surprised at the lack of individuals that actually step up to inquiry as many do not take advantage to speak with them over the call to discuss the mining projects. Many complain including me when management ignores hard questions but when the opportunity presents itself like a conference call no one inquires.

In connection to our project (Schaft Creek), I have no doubt in my mind this deposit will not be a operating mine. IMO, 3 things need to happen for any project to develop into a mining operation:

1) Major strategic partner

https://www.youtube.com/watch?v=xNa6Fj0e4-Q

2) Pro-mining government

https://www.youtube.com/watch?v=WGC8Ku1VT30

3) First Nations support

http://www.tahltan.org/nation/economy/economic-development

http://www.bcabic.ca/content/tahltan-nation

and Copper Fox has all 3 achievements locked in!

I still believe the company will wait until EA permits are in hand before selling, or until a production decision is known with revised economic numbers in place for a third party to view. If Teck sees what they want from the "Optimization studies" then they could announce a major 2015 drill program in which we would stay to benefit from:

"The geological modelling on Schaft Creek could have implications on the potential size of this deposit as well as provide indicators that would aid future exploration on the other targets identified within the Schaft Creek property"

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