Re: Capex

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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Orcinus

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Re: Capex

in response to

Capex

bbay

posted on Feb 23, 2012 01:54PM

"There was some concern over the cost and I was wondering why this may be an issue."

I don't think it is an issue. The CAPEX question was raised in Vancouver and it was CUU management that suggested that it may be higher than the 2008 because of iron/steel prices. BUT, there was no value mentioned at all.

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