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: Arizona Land
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Aug 25, 2012 03:49PM
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Aug 25, 2012 06:48PM
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Aug 26, 2012 12:45AM
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Aug 26, 2012 01:40AM

What about the interview where Mike? says he expects Teck to take 20%.

That would be great, but they can get 75% for almost nothing. So they take 100% to get rid of the CUU agreement and sell 80% to the partners of their choice.

Mike has always stated that he thinks Teck will take it all or at least the 75%.

But if Teck would take 20% that would be amazing leaving us with 80%, And seems the serious equity partners are up to date....I like that.

''Based on a past deal, Mr. Smith suggests that Teck may aim to acquire 20% of the project become the operator, and be amenable to equity partners, which could be Asian. Mr. Smith cites the Antamina mine, where BHP and Xtrata each have 33.75% interests alongside operator Teck’s 22.5%. He states that all serious potential equity partners are informed of the project’s status.''

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Aug 26, 2012 12:15PM
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