IF Teck decides to walk (which I dont see happening) Our stock will tumble tremenously.

Come on...if Teck walks and we get 100% you think we will tumble lolol...yeah to the upside!

Many analyst agree with me..it's a win/win:

LAWRENCE ROULSTON 2011

I Recently toured the Schaft Creek project, with a particular focus on learning more about the Paramount zone and the other exploration targets. My view of the upside potential of the project has been greatly enhanced by what I learned on that site visit

Clearly, the old geological view of Schaft Creek has been replaced by a new model that provides considerable scope for greater size, and in particular, for more of the higher grade tonnes that will support the economics of the project

The Back in is triggered by delivery of a feasibility study. That study is now expected around November. The study will incorporate results from this summer’s drilling of the Paramount zone and the other results that will be generated over the summer. On delivery of the feasibility study, Teck will have 120 days to make a decision.

A back-in would be confirmation of the value of the project with Copper Fox holding 25% of a large project funded by a major.

If Teck does not back in, Copper Fox would effectively hold 100% of a billion tonne copper-gold deposit. They would have little difficulty in finding another partner.

Most significantly, the emerging Paramount zone and the other targets stand to add a significant high grade component to the project and thereby add substantial value to the project.

That value might be realized in the near term if a major metals company wanted a stake in a big development project in a very favorable jurisdiction.


JAY TAYLOR

''The sheer size of Schaft Creek is the factor behind another point made by some analysts in Canada. In short, they believe its size makes it an irresistible, strategic asset that China or some other Asian economy must secure. Thus, they expect that, if Teck backs out of the project, we will see a sovereign wealth fund or some other national entity step in to fund its development.


SEEKING ALPHA

We believe Teck Cominco partnering with NovaGold on Galore Creek means they really like the area and are likely to buy out Copper Fox upon completion of the feasibility study, or at least exercise their option to buy out 75% of Schaft Creek by paying Copper Fox 4 times all prior expenditures and arranging production financing.

Schaft Creek is only 36km from Galore Creek, but it is on the BC side of the mountains, thus no tunnel or Alaskan environmentalists. The deposit is every bit as big as GC and they have a top notch CEO. The life of mine strip ratio is a much cleaner 0.7:1. The gold grades are higher and it also has molybdenum.