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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: Indirect Holding is the key

Vette, apologies for being so obtuse but I am trying to figure out what you are saying here. You are saying that Teck are delaying the feasibility study so the clock does not start.

No, I don't care about the clock. There will be no clock.

I can give you plenty of secondary reasons why Teck would not want the Feasibility out:

* Attracting competitors

* Forced back in

* Start spending expenditure money on day 1

* Must spend every expenditure penny before earning it's ineterest

* Must bring mine in production under 4 years

Etc..

..but the main reason is UPON DELIVERY OF FEASIBILITY, Teck must transfer the Indirect Interest / Liard Interest = voting shares = control to CUU.

(Liard Copper Mines Limited:
Teck Resources Limited invited Elmer B. Stewart to join the board of directors of Liard Copper Mines Limited ("Liard"). The annual general meeting of shareholders of Liard was held on November 30, 2011 at which time, Mr. Stewart's appointment as director was approved by the shareholders of Liard.)

I posted 4 times about it yesterday:

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/525082-the-rewards-of-patience-3-year-average-metal-prices-rising/messages/1662497

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/525082-the-rewards-of-patience-3-year-average-metal-prices-rising/messages/1662506

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/525102-any-responses-from-the-angry-emails/messages/1662507

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/525144-indirect-holding-is-the-key/messages/1662608#message

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