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: Great Day .........Run Fox Run

Aug 11, 2012 01:19AM

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In a buy out,the price will be determined by pounds in the ground plus the perceived potential of a district within a safe jurisdiction,without huge environmental concerns. The consideration and recognition for our work is not part of the buyout it is the impetus that would force a 100 % take over. If they choose to come in at 75% our "due " comes in the form of input into the operation ( control ), a strict timeframe , investment by TecK ( 4 x expediture ) ,their expertise and there ability and effort to gain future financing. If it is a buyout they avoid these costly recognitions. Your question implys getting the cake and eating it too. We won't get the benefits of both scenarios. Rockisland.

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