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 it....... Golfyeti?

Jun 28, 2012 11:04AM
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Jun 28, 2012 01:39PM

You will note that Teck has back-in rights to specified claims only.

If Teck wants to control any other claims owned by CUU Teck will have to pay for those since those are 100% (nearly) owned by Copper Fox and are not subject to Teck's back-in contract.

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Okay Golfyeti, keep your hair on, I was only asking! I have tried my hardest to keep up with the story of CUU so it was good of you to point out to me what is obvious to you, that Tech has back-in rights to specified claims only. Thank you for answering my question, albeit in a somewhat condescending way. My concern was that at the end of the day was it possible for Tech to claim all the land that had been bought with CUU dollars. Thanks, MTS


Jun 28, 2012 02:01PM
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