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: Anything to tell us?
  • Laying on this hospital bed and fighting with this laptop as my world and finances are crumbling around me and wondering why I invested in this company  I emailed Lynn

 The news media is once again full of reports of majors buying up companies with lots of minerals and mineable products.

Your email replies to me indicate that our BOD is still trying to get maximum value from every teaspoon of dirt they can scoop out.

Does this mean that we are never to see a return on our investment? All the miners looking for what we have but no lights come on that perhaps something we have could be sold?

Is there anything you could tell us that would be hopeful for us that put money into this project to uncover minerals that Teck wasn't willing to do. It seems to me we got scammed to allow Teck to put a whole lot of wealth onto their balance sheet.

I never would have put money into this if I had known Teck would have been the only one to benefit.

 

She repled

 

We are fully disclosed, therefore we don’t have anything to tell you that you wouldn’t already know.  Should a major wish to buy up Copper Fox the BOD would complete their due diligence to ensure it was in the best interest of the shareholders before presenting it.  At this time, you know that when Teck outlined the 2023 work program for the Schaft Creek project earlier this year the BOD made the decision that it was in the best interest of the Company and shareholders to wait for the results.  Teck advises the results from the 2023 work program may be received by the end of November.  Once these results are received, they will be reviewed by the BOD at which time they will again decide on what is in the best interest of the Company and shareholders going forward.

 

Unfortunately, there are no guarantees on returns on investments, especially in the junior exploration space, therefore I am unable to answer your question on whether you will ever see a return, there are shareholders that have seen a return and others that haven’t with many yet to be determined. 

 

I don’t believe any shareholder would have put money in if Teck is to be the only one to benefit, something again that is yet to be determined.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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