Re: Copper Fox will go mining

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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RogueWolf

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Re: Copper Fox will go mining

in response to

Re: Copper Fox will go mining

cbew

posted on Feb 14, 2012 10:30PM

I would agree with $5-7,

Although if Teck walked away I would think we would get a lot more than $10-15, Teck electing not to back in would be the best case scenario...and Im certain we would see an escalating bidding war for this deposit. I dont think theres too many factions of this industry that wouldnt want this but no one has a crystal ball either.

In the end Id rather see a buyout with Teck shares attached though....I think Teck shares are a perfect way to get paid out and then see another increase on your money, plus a dividend as well.