Re: Question for the board

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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hoghead

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Re: Question for the board

in response to

Re: Question for the board

eyetell

posted on Apr 03, 2016 07:01PM

Eyetell, that is part of the quoted message from Mudguy, I didn't say it so I'm not sure what his assumed consolidation ratio is.

I agree with you completely - if consolidation did happen it would be disasterous to existing shareholders (including EE). That may be enough to prevent it? With so many shares out it may be difficult to raise cash at these levels.