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: Teck Take-out/No outside bids?

Actually, Golfyeti, minority shareholders rights are fairly well protected in Canada - in our case we would fall under the Ontario Securities Commission rules which regulate take-over bids. If you talk with the OSC, as I did, you will find that we would get to vote on any offer to take-over the Company and with current information in hand. Since we are not insiders, the BFS would have to be made public as we can't have access to non-public information. It is not a completely black and white area, but why would Ernesto and Company open that can or worms when their vote will rule the day anyway? It gives them an excellent excuse for getting our full info package out there to see if we can attract any competitive bids. I agree that our vote won't change things.

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Mar 16, 2012 11:48AM
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