Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: Memo to Teck - Dogger 12

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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Memo to Teck

generaledger

May 11, 2012 02:05PM

Re: Memo to Teck - Dogger 12 - Old Numbers

Moneytospend

May 11, 2012 02:21PM

cuuvette350

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Re: Memo to Teck - Dogger 12 - Old Numbers

in response to

Re: Memo to Teck - Dogger 12 - Old Numbers

Moneytospend

posted on May 11, 2012 02:31PM

It's not relevant.

Teck can't mothball because of the 4 year clause. They must start putting their money in (400% expenditures) the day they back in. If they don't succeed in time, they lose all their interest.

By this time yes CUU can sell to whoever they want, including the voting shares (control) and Teck financing.

They already have India, China, Korea etc all waiting in line for the Teck move.

7 Recommendations

Re: Memo to Teck - Dogger 12 - Old Numbers - Cuuvvette

Moneytospend

May 11, 2012 02:39PM