Re: Out of left field
in response to
by
posted on
Jul 09, 2012 08:31PM
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%)
Timing is everything....is CUU worth $1.19...
''As a result of the foregoing events of default, Macquarie may give notice to Rogue River declaring the amounts owing under the Credit Facility to be forthwith due and payable.''
''Copper Fox has entered into a binding offer to purchase (the "Offer") with Bell Copper Corporation ("Bell Copper") whereby Copper Fox will acquire 100% of Bell Copper's interests...''