posted on
Jul 19, 2012 04:15PM
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%)
Message: Re: AGM
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I surely don't know as much about mining (or maybe anything as webgogs), but I got the impression at the meeting that Elmer is eager. His eagerness is about being able to sell Schaft Creek when the feasibility study is done. Good feasibility study = good acquisition target, whether it is Teck or another major. From Elmer's words and expressions, I'm confident that the feasibility study will be done and completed with great care at the end of Summer.
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