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: We have coverage... well sort of - PI Financial

There is no rational explanation for this blindness toward CUU

I think the one good reason is the uncertainty with Teck. How much will they earn back, if anything? How much of this project does CUU own? It is very complicated with various parties having NSR's and land inside and outside the agreement. Is this going to be a legal quagmire?

The feasibility will show that the resource figures are valid in terms of actually being able to mine them profitably, but it won't clear up the ownership and until that happens people seem uncertain about the whole project.

Share
New Message
Please login to post a reply