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%)

Free
Message: Re: warrants...
3
Aug 24, 2012 05:48PM
5
Aug 24, 2012 07:32PM

Aug 26, 2012 01:06PM
7
Aug 26, 2012 01:14PM
3
Aug 26, 2012 01:55PM
10
Aug 26, 2012 02:23PM

Aug 26, 2012 02:48PM
2
Aug 26, 2012 02:59PM

Is there any chance that this whole buy-out process could be contingent on the awarding of the evironmental permits first.

This can't happen. Teck has to declare their intentions within 60/120 days. They can't make their declaration contingent on anything. We can't apply for the final permit until the feasibility is out. Teck could try and buy out our remaining portion after they declare their percentage, but there would be no reason that we would accept such a condition, and others would be lining up to buy into the project after Teck shows its interest.

On both the federal level and the provincial level we have extremely motivated and pro-development governments. It's hard to imagine anyone else being this keen to pass an environmental permit.

5
Aug 26, 2012 08:30PM
Share
New Message
Please login to post a reply