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: Don's thoughts
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Jul 15, 2012 02:50PM
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Jul 15, 2012 02:56PM
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Jul 15, 2012 06:23PM

Does the galore cr. situation tell us anything about how Teck will view the cf project?

Yes, it will tell us how different the two projects are. Galore Cr. cost overuns were due to the building of the tunnel, water diversion channels and Taillings facility. These costs were unexpectedly high because of the large amount of annual precipitation in that area. Fortunately for us we are on the other side of the mountains and will not have this problem. Our capex will be much lower as a result.

IMHO, this is in large part what the general investment community does not realize yet and hence why our share price is low right now. Once the BFS comes out with numbers confirming this ( if it comes out before a take out by Teck ) we are going to see a massive readjustment to the share price. My 2 cents.

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Jul 15, 2012 07:15PM
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Jul 15, 2012 07:16PM
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Jul 15, 2012 07:20PM
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Jul 15, 2012 07:24PM

Jul 15, 2012 07:26PM
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