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: Share Price today
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Who's to say when TECK makes an offer for the other 25% that we are not already trading between $3 - $4?

- A positive BFS should prop up the price.

- The release of the BFS triggers TECK's back in clock (120 days). That should prop up the price.

- An updated resource estimate including higher grade copper but more importantly, a boat load of silver will help prop up the price.

It may be the case that TECK is working behind the scenes with CUU for an agreed upon takeover price however, if that is not the case, then there are plenty of catalyst over the next 4 months that could propel the share price to a range that could result in a $5-$7/share offer.

3 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply