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: I Emailed Elmer

Dec 22, 2011 12:27PM
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Dec 22, 2011 12:48PM

Dec 22, 2011 12:49PM

I'm having some trouble parsing the double negative's Elmer's response:

"I do not think that the value attributed to the 2011 drill results would not be lost if they are not included in the feasibility study"

What he's saying is no delay, feasibility is coming out 1st.

He's also saying that there is no correlation between the Feasibility results and the proven value. Teck understands the significance of the results and insiders (owning 64%) have their price set.

Don't worry, they will start the Revised RE process once they recover the last Paramount core and update the Resource all while Teck is counting to 120.

Notice this is still tax loss selling week and we are up. Wait until next week and 1st wek of January.

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