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: Teck Quarterly Reports
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Oct 29, 2014 11:37AM
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Oct 29, 2014 02:55PM
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Oct 29, 2014 03:06PM

I think focus is to mainly reduce the construction timeline. (FS estimated 4-5 years?) and reduce the capex of $3.2 billion. If a smaller mine is able to get SC into production sooner and pay off the capex faster, they can always at that time work on a larger mine.

That's why having Teck as operator is good for the JV. From our perspective, we are riding shotgun with Teck and we are able to see what an intermediate producer can do with SC. Whereas what we had before was a conservative FS from Tetra Tech.

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Oct 29, 2014 10:50PM
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Oct 29, 2014 11:49PM
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Oct 31, 2014 06:54PM
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Oct 31, 2014 07:49PM
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