Re: FS
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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%)
Message: Re: FS
Copper is looking like sh*t. If it loses that January congestion around 3.40, 3.18 is up next...after that is the abyss
The cheaper Copper gets the more China (and others) will buy..
The more China buys the lower the warehouse stock level gets...
Less supply..higher price...more agressive takeovers
CUU is a takeover story, triggered by the Feasibility. This isn't about looking at the share price all day. The cheaper the better.
Some think we will see Feasibility..great even better, Teck will lose their voting shares and Teck competitors will have time to digest the Feasibility and make their own offer. Just like Mitsubishi did for Quellaveco.
Insiders will get their price because they own over 65%.
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