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: PP
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Jul 23, 2012 08:06AM
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Jul 23, 2012 01:13PM
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Jul 23, 2012 02:20PM

"Why not just raise 10 million at one go?"

EE prefers to do the PPs this way. Some of the financial types here should be able to figure out why, savings? Why spend more than is necessary? I am sure these PPs are not costing the company much in processing so no need to do big batches. What this shows me is that EE has a lot of liquidity to be able to come up with these PPs. Elmer, EE and Mike said they were happy with CUU finances, take it any way you like.

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Jul 23, 2012 02:39PM
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Jul 23, 2012 07:36PM
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