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: Out of left field

"...this is a departure from their main and stated objectives, my hope is that no suger coating is used to cover up shortcommings if any"

My concern is whether a dividend to shareholders will be less than anticipated by most of us due to the likelihood of Elmer wanting the lions share of the Teck payout to remain in the company to finance exploration activities. The reveal of the new property raises a flag in this regard.

Nothing is certain that Ernesto's interest in CUU stems beyond cashing in on his existing holdings. If he can't be counted on to finance new explorations, then Elmer will have to take advantage of the coming payout to ensure continued viability.

That's not to say that shareholders won't be able to access that remaining value to some extent through selling their shares subsequent to the "payout", but the value of those shares at that point will be anyone's guess.

Thoughts?


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