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: theory
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Apr 21, 2023 09:57AM
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Apr 21, 2023 10:06AM
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Apr 21, 2023 10:08AM

It doesn't matter if they own 10% of the B shares. The board holds the real power. I know that Keevil said he wouldn't stand in the way if the majority of the B voted to accept the bid but he also said he would follow the board's recommendation which thus far is against it. The consensus opinion is that a copper spin off would be more valuable that the whole company as it now stands. 
I don't see how the board approves the sale if there is more money to had by a split.

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