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: China on the move for moly and copper

Agreed short term moves by China and metals price have little to do with Cuu's Sp. My point was simply players are in the market trying to shore up reserves. This was an abandoned mine they are purchased. Logically the prior company so little value in the mine hence it being abandoned but China is looking at this like they always do from a long term perspective. Point being if Teck walks away we have other options and we will be rewarded.

Thanks for your feedback Run...

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Dec 29, 2011 02:43PM
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Jan 01, 2012 01:33AM
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