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: Bid/Asks look like a green, sunny spring day
5
May 10, 2012 08:08AM
3
May 10, 2012 08:09AM
3
May 10, 2012 08:10AM
8
May 10, 2012 08:29AM
2
May 10, 2012 08:32AM
8
May 10, 2012 09:46AM
2
May 10, 2012 09:57AM
3
May 10, 2012 09:58AM
2
May 10, 2012 10:05AM

May 10, 2012 11:05AM

May 10, 2012 11:44AM
5
May 10, 2012 11:57AM
1
May 10, 2012 12:07PM

And the beauty is that 4 year clause....Teck would have to start spending money on Schaft Creek the day they back in....(so logically they will take us out before that)

Biggest thing is the 4 year clause. After seeing Rio Tinto and Ivanhoe, I don't think Teck wants to fall into that scenario where they are doing the building and financing for SC and leave control to CUU.

2
May 10, 2012 12:34PM
5
May 10, 2012 01:08PM
Share
New Message
Please login to post a reply