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: Do We Vote?

If CUU decides to sell off some assets like Shaft Creek and some claims, would that require shareholder votes? We are not asked to vote when we buy claims. Selling the whole company might be a different situation where all shareholder get a chance to vote.

If a deal is done with teck or others, we would sell off the assets and retain our company to pursue other exploration. To sell our company outright would require us to form a new company or buy a shell co., that would cost a few hundred thousand dollars plus legals, filings and time. So I dont believe we will sell outright, but sell off assets and continue on with business.

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Aug 17, 2012 04:32PM
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