Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: Both Sides of the Picture

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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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Both Sides of the Picture

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cuuvette350

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Re: Both Sides of the Picture

in response to

Re: Both Sides of the Picture

by

posted on Feb 11, 2012 03:12PM

Log in to use the IP Check tool ^[?]

But could TCK also re-negotiate the earn-in agreement to do away with this timeline and, say, replace it with a NSR to CUU or something?

Question should, would CUU want to re-negotiate the earn back agreement. Based on the advantage they hav ehere I would think not. They would want to exlude land from the back in etc..

Remember the top 10 questions from Web and the reply from management:

8. Can the project be sold in zones?

A.It could by mutual agreement but CUU does not want to tinker with the contract and sees no value in that. Given that, everyone has their price. We are content to plug along developing share holder value.

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They won kill the Golden Goose (fox)

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