Just spoke with Management

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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stockfriend

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Just spoke with Management

posted on Mar 20, 2012 11:46AM

CUU was receiving regular updates from TT. It was when Jim Gray reviewed their findings it was felt that they needed to take a step back. Things were not as they had been told in their updates. Staff shortages, etc. Management had a stern high level mtg with TT. Jim Gray will be inserted into TT to watch and evaluate progress with close supervision and scrutiny. Elmer and Mike are not pleased with them. Neither is Teck. Everyone is on same page to get the BFS done once and for all -- but accurately. They are working flat out at CUU on this. Hold tight and breathe, breathe, breathe.