120 days revisited

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

skyaki

Rank: Vice President [?]

Points: 918 [?]

Votes: 53 Score: 3.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

120 days revisited

posted on Mar 08, 2012 09:58AM

We know that once the BFS is released Teck has 120 days to decide whether or not to back in and for what percentage.

We also know (from PDAC cnversations) that there will be a trading halt just before the BFS is released.

We can reasonably assume that conversations with Teck will be initiated (or perhaps intesify would be a better word) once the BFS is released.

Is it reasonable to assume that the halt will stay in effect until Teck makes its decision known?

We also know (from PDAC cnversations) that the BFS will not be on SEDAR for about 45 days.

So it could be at least 45 before we have any idea whats going on...

Could be an anxious time.

GLTA

Skyaki

1 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply