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 26, 2012 08:36AM

Parsing those for a major to step up...no clue here how long that would take.

It would be very fast. Nobody would want to be second in line (Glencore, Anglo, Newmont, Mitsubishi, Xstrata, etc) alot of choices.

But I think the poster completely miss interpreted Mike. Teck does like to work with 2-3 partners, that's true. The way they go about it is completely different.

Teck can get 75% for 300 million...keep 20% stay the operator and sell the other 55% for billions... (you really think they would let CUU sell 80%, lol. That would be a dream)

At the same time they need to get rid of our contract (voting shares, 4 year clause, financing..etc)

So they will take 100% 1st, and then split the pie. This is a free ride for Teck.

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