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: timing
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Yes lack of NR and info does mean we are being accomadating to Teck. The question is why? I think the answer is very obvious. However, if Teck doesn't make their move soon then we will be dropping the BFS, titans, mira, other drill results etc. Everything will be dropped and the whole world will know what we have. This is management's strategy folks. Pretty simple really.

As far as delays last year. Just look at the situation folks. Last year the junior resource markets raised a record amount of money for exploration. So thousands of companies were literally competing for lab time, assays, engineering work etc. So naturally delays were the consequence for many juniors including us. This was a situation out of management's control.

This year is very different as many juniors struggle to raise money. Did we not produce the RE2 on time as per mangagement's timeline - yes and even 1 month early. So are we on schedule to drop the BFS on time? - I say yes we are on time and may even have the results now but are just tweaking to produce an airtight report. Things are on track to get done soon despite the seeming lack of public NRs. Just look at the recent moves by Teck - staking of hundreds of acres around SC, filing prospectus to raise over 6B in funds etc. Something is happening imho and we are going to know of it very soon. All we need to do is sit tight and wait.

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Aug 07, 2012 02:00AM
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