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%)

Free
Message: News release offering 2.2 million. Ee backing it up

The sequence of events points to a deal being formed. We should get the 60/40 from Teck and then take on a 50/50 with our own partner for our share of the deposit. Pro rata deals like this are comon. A solid partner for us would enhance the value over all and any one wanting to take us out would pay more. Doing this in 2 stages puts cash in our hands for shares and opens the door to buy the new JV shares which we know will go up.

Share
New Message
Please login to post a reply