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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: Industry news- M&A

A company I followed just got a buyout from Goldcorp for 250 million.

This is a company very similar to Copper Fox as a resource development company that owns a large mineral deposit. Exeter Resources (XRC). This could be seen as positive for us being valued at 60 million currently. We are beginning to see an increase in M&A in the mining industry and majors having an interest to purchase promising projects with improving commodity prices.

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Mar 28, 2017 11:36AM
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