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: Hunch

Nov 24, 2011 12:31PM
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Nov 24, 2011 06:11PM

They have a lot of money, but I don't think they have enough to build the mine and buy us out and take care of their other commitments.

Anyway, they always get financing.

Bill Harris was on BNN the other day and was speaking about how the most dangerous time for speculating on mining properties was when they were going into production. He then talked about cost overruns and other risks and I suppose it is on my mind. He also said that anytime you can find a good project and it's in Canada then it is a good investment.

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