Re: I Emailed Elmer

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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teamjen

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Re: I Emailed Elmer

in response to

Re: I Emailed Elmer

cbew

posted on Dec 23, 2011 12:14AM

I don't think they deliberately postponed the BFS.

I would agree.

To add to that, as Skibum2 mentioned that Tetra Teck /dWardrop just finished the BFS for the Abacus Ajax deposit in Kamloops BC.

I am sure that the same staff, especially senior staff would be reviewing and contributing to our report and the Abacus report. Although the Abacus deposit is not as complex, finalizing a report of this size does take allot of time and I would imagine that they staff at Tetra Tech were focussed on the Abacus report for some time now, thus additional delay to our report.

Delays seem to be a way of life for CUU I am personally numb from all the delays and will not be surprised to see the BFS or a deal with TCK late in Q1 or even Q2. Patience is the key. Play with some traders if you like. JMO

JMO but I believe that TCK is satisfied enough with the July RE and the resultant FS will be Bankable enough for TCK to back in. I believe that TCK wanted the additionl holes and RE2 to assess further/future value of the known deposits.