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: A Question About Price.

Feb 20, 2012 05:00PM
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Feb 20, 2012 05:14PM
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Feb 20, 2012 06:47PM
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Feb 20, 2012 07:29PM

Nobody wants the contract more than Teck.

If by this you mean nobody wants to buy us out more than Teck, then yes.

This is why always calculating our value at 25% isn't entirely accurate. It may be 25% of the metals in the ground (assuming 75% earn-back) but that does not acknowledge the value in the contract, or the extra properties or the Liard shares.

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