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: az proprties
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Aug 26, 2012 11:22AM

Bell Copper's associated losses stay with Bell Copper.

I've been thinking of the Bell copper deal. The closing of that purchase is what could be holding stuff back. They had to do some DD 1st. Then if they are satisfied with their DD they buy the AZ properties.

They would be buying these AZ properties via a sub. with proportionate share ownership. The point being to keep the name and continue.

So until they've bought the AZ land via the sub. company, how can they sell their only asset.

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