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: Tecks position
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Jul 15, 2012 08:36PM
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Jul 15, 2012 08:51PM
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Jul 15, 2012 08:58PM

Jul 15, 2012 09:51PM
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Jul 15, 2012 10:01PM
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Jul 15, 2012 10:36PM

Jul 15, 2012 11:11PM
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MES
Jul 15, 2012 11:23PM
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Jul 15, 2012 11:25PM
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Jul 16, 2012 12:25AM

Teck has to arrange the financing for both Copper Fox and their own share if they opt for 75% earn-back. Our share of the financing will be paid back by the eventual profits. If Teck chooses that option then we don't need to do anything further but run the project until Teck has spent sufficient funds to earn their share and get the mine into production within 4 years.

There could be a deal that we can't imagine right now, but I don't think it will be worse than the one we have now.

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Jul 16, 2012 03:32AM
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Jul 16, 2012 08:31AM

Jul 16, 2012 12:07PM
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