Re: Copper Fox reports 2011 annual financial results and a corporate update Copper
posted on
Feb 28, 2012 03:11PM
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%)
"Sounds like another PP is in the works... anyone else sense that ?"
I don't sense that; there should be enough money from the exercising of outstanding options. The report was likely written sometime ago. JMO