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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Message: What about CIC?
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Jun 07, 2012 11:48AM

Haven't posted for a long time but still all in and waiting. Hopefully not much longer.

It seems everyone is forgetting CIC in the buy out scenario. Don't they have something like $13 B to invest and didn't the CEO say on BNN they are trying to get in on early stage projects.

So they buy CUU for $2.5 B and partner with Teck on the Capex which will cost them say another $1 B. They then have 25% plus 12.75% ( they would already own 17% of Teck's 75% ) for 37.75% of a copper, moly, gold and silver mine for $3.5 B that will go on producing for what a century. How about 37.5% of a whole district for $3.5 B? Seems like just the kind of investment China would be falling over backwards for. They will not pass this up!

Then Teck has 75% of the mine for say $3 B capex which they can pretty much pay out of cashflow over the next 4 or 5 Years. Seems like a deal made in heaven for all parties.

But just more speculation until the day Halted comes up on the screen.

Glta, canoehead

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