Re: Teck Budget etc

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Chappy726

Rank: President [?]

Points: 13889 [?]

Votes: 149 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Teck Budget etc

in response to

Re: Teck Budget etc

Prospekt

posted on Oct 24, 2011 03:28PM

I rely on others to tell me how spinco's etc will work... but... in my simple mind... I think the Teck agreement is really centered around the main SC deposit and the BFS... everything else is open to wheeling and dealing after the BFS tells and triggers the main story.

I think it is quite possible that after a simple Teck earn-in and some wheelign and dealing on what properties will be included or not that CUU emerges on the other side with a large chunk of property that will be absolved of the Teck Agreement or somehow addressed in a new Agreement.