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: Let's start a new Pool!
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Jul 12, 2012 02:11AM

Seems to me by the pool going on that some here think that Teck will throw a number at Cuu and we MUST except it?

CUU or Ernesto just needs to except the value of what we have.

With other grounds getting proven up to match this.....Elmer could be setting this up for a bidding war.

Remember, if Teck low balls us, that is thier worst case......If Teck bows out that would be better for us, Then we are not tied in with any contract.

So the ball is in Teck court, I believe they have seen the BFS, and are putting a number on this.

Like many here have said.....S&P will not determine the price the punds in the ground will.

Teck bows out. It may take longer to sell but not to worry....others are just waiting for Teck to make a move so they know what to do.

I don`t think that Teck will leave the table,,,or offer us a low ball number. They don`t want to upset Elmer, they want him for future ventures ( Elmer is good at what he does ).

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Jul 12, 2012 08:07PM
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