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: Re: Why is is.......

Jun 28, 2012 11:04AM
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Jun 28, 2012 11:18AM

Elmer is not personally buying any claims. All the claims are purchased by CUU, as you can see when you read the news releases.

It is a good thing when the claims are excluded from the agreement with Teck because then we own the claims outright. If anyone wants to buy them from us we own them (nearly) 100% so they are worth more money $$$.

Teck has the option to earn-back up to 75% of claims that are within the agreement, and then can try and negotiate a fair price for the rest, or not, as they wish.

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