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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: Re: Watching the Glen-Xdtrata Clock?
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Icon president Watching the Glen-Xdtrata Clock?
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webgogs
Mar 25, 2012 01:57PM
Icon president Re: Watching the Glen-Xdtrata Clock?
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webgogs
Mar 25, 2012 02:05PM
Re: Watching the Glen-Xdtrata Clock?

BCmetallurgist
Mar 25, 2012 02:10PM
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webgogs
Mar 25, 2012 02:42PM

With Etrata already owning 10.72% of Liard Copper Mine...how can they not be involved in this..

They already have a working relationship with Teck and want the copper...

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/525144-indirect-holding-is-the-key/messages/1663149#message

Below are Xtrata comments: smaller companies , developping projects, entering crital changeover point..sounds like we would fit perfectly (+ the Liard interest).

While “it’s quite difficult to see value-accretive acquisitions on current valuations,” Xstrata sees opportunities emerging in smaller companies that are developing projects, Sartain said.

“There will definitely be some opportunities there to acquire either the projects, which are entering this critical changeover point where the junior companies don’t really want to continue with the development, or companies that are at a certain size,” he said.

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