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: Elmer on Twitter

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Mar 04, 2024 08:36AM

Wouldnt we stay if they plan to submit the EAA and provide the pfs with all current data by year end/early 2025?

I don't think so; imo, we could easily update 2021 PEA and get into fair value range and start the selling process. Year end / early 2025 could easily turn into end of 2026 and it is not worth it for a marginal increase in value. TECK also knows that every milestone reached (i.e. EAA, PFS etc) will make us more expensive and they would rather take us out of the picture sooner than later. Hence, even if EE would like to hang around, TECK will make the move and buy us out, as somebody here already suggested.

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Mar 04, 2024 09:02AM
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