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: 40 % back in

Aug 31, 2012 12:38PM

Teck doesn't get control at 75%

The language in the mandatory JV to be created, at least for the 75% back in, provides for Copper Fox to control until the earn in is achieved..ie after the 400% expenditure

A reason I think Teck will take us out


Aug 31, 2012 12:57PM
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