Re: AGM

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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Metacomet

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Re: AGM

in response to

AGM

bostrin

posted on Oct 28, 2011 07:11PM

There needs to be some serious improvement in the SP for Teck to get their shareholders onside.

We can claim that the valuation will be based on pounds in the ground, because we have a level of familiarity with the property.

A Teck shareholder given a company offer with the minimum 200% premium that we are expecting may vote to tar and feather their BOD.

Somehow this thing needs to get back above $2 for the Teck shareholders to accept the buyout numbers we expect Elmer to demand.

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