Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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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Webgogs 120 day clause

Todor777

Jul 18, 2012 04:04PM

Chappy726

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Re: Webgogs 120 day clause

in response to

Webgogs 120 day clause

Todor777

posted on Jul 18, 2012 04:12PM

Indeed why would CUU ever do this...The subject of amending the Agreement has come up before.

IIRC...this Agreement is TCK's document. Since it is their contract, they are in a weak position to have the contract scrapped and the legal system favours the other party on this type of issue (wanting to scrap the agreement for better terms). I believe it was Metacomet raised these very points.

If the Agreement gets scrapped, I think it would be on CUU's terms and to their benefit of their bargaining position.

I am not going to lose any sleep over this issue.

jmho

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Re: Webgogs 120 day clause

Orcinus

Jul 18, 2012 04:17PM