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%)

Free
Message: Re: Indirect Holding is the key
10
Mar 22, 2012 11:27PM
7
Mar 22, 2012 11:37PM
10
Mar 23, 2012 12:45AM
3
Mar 23, 2012 02:57AM
1
Mar 23, 2012 08:09AM
7
Mar 23, 2012 08:48AM
4
Mar 23, 2012 10:12AM
2
Mar 23, 2012 10:23AM
2
Mar 23, 2012 10:40AM
3
MES
Mar 23, 2012 11:03AM
3
Mar 23, 2012 11:50AM

Mar 23, 2012 12:07PM
3
Mar 23, 2012 12:49PM
7
Mar 23, 2012 01:09PM
2
Mar 23, 2012 01:12PM
7
Mar 23, 2012 02:37PM
1
Mar 23, 2012 02:54PM
4
Mar 23, 2012 03:21PM
7
Mar 23, 2012 04:44PM

Mar 23, 2012 04:51PM
8
Mar 23, 2012 04:53PM

Mar 23, 2012 04:59PM

Mar 23, 2012 07:31PM
3
Mar 23, 2012 08:06PM
2
Mar 23, 2012 09:21PM
12
Mar 23, 2012 09:49PM
5
MES
Mar 23, 2012 09:56PM

* If Teck opts for the 75% earn-back they are required to spend 4X current expenditures before they get their 75%. That works out to about $300 million currently. That is a lot of money to spend on drilling or mucking about and not trying to build a mine.

* To earn their 75% they also have to commit to arrange financing of the projected capital costs after technical completion.

Yes Prospekt and the fact that Teck is spending that 300 million on the property, it is ultimately building major value into our 25%.

Teck would have to pay more for us after putting in their own money ???!!! LOL.

You see that makes no sense.

They'll just take us out before they start bulding in value for someone else.

10
Mar 23, 2012 11:53PM
2
Mar 24, 2012 12:34AM
3
Mar 24, 2012 02:09PM

Mar 24, 2012 11:28PM
Share
New Message
Please login to post a reply