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: Forcing Teck to Act

When Teck backs in and if they don't act fast enough, CUU will just keep drilling while Teck is spending (because they must). Each drill hole we poke is unlocking multiples in value and just making it that much more expensive for the potential buyer.


Vette, can you explain the back in spending option? Say Teck has to spend $300 million to the mine to back in for 75%. While CUU is continuing to drill, does Teck have to spend 4x those drilling expenses as well?

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