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: metal price
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Dec 13, 2011 11:27PM
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Dec 14, 2011 12:35AM

If you are referring to the metal prices used in the BFS, the agreement with TCK specifies that the metal prices used would be the 3-year average price prior to the BFS; they cannot use the current metal prices.

True. But I know for a fact (because I asked) that they will give and show 2 scenarios:

1) with the 3 year average price

2) with the current metal prices

Nova Gold did the same with Galore.

Our feasibility will shock the world. It will also give Teck a good reason to show their shareholders why they are offering what they will be offering. That's why Teck seems to be on this with CUU as to what they need and want in the Feasoibility.


Dec 14, 2011 12:56AM
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Dec 14, 2011 09:24AM
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Dec 14, 2011 10:09AM
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Dec 14, 2011 10:19AM
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