Re: Note to Management

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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Russ Reid

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Re: Note to Management

in response to

Re: Note to Management

Metacomet

posted on May 28, 2012 08:40PM

There has been some banter that the RE is already in company hands and is being held pending negotiations. That may be but what happens if negotiations fail again as some have speculated they did a year ago. In that case we are stuck with alow price and no deal and a late RE which may lower the price further.