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: No kisses while I'm getting the schaft?

The only scenario that I can imagine the SP dropping on release of the BFS results is if the NPV is significanlty lower than in the 2008 PFS. This is highly doubtful in my mind - increased TPD and a higher grade starting pit mean more money in the initial years, faster payback on CAPEX, and a higher overall NPV. It is all about the economics of this project ... how much money can 'we' or 'they' get out of a mine and how quickly? Financing it should be a piece of cake for Teck (and partners).

If metal prices spike I'm happy hanging on for another few months to get the deal inked. I remember Ernesto telling a few of us at the AGM that a buyout "right now" (i.e. July) or 6 months from now could be very different based on global market conditions. I agree, and hopefully we've hit bottom in the markets and are climbing back up.

I guess we'll see :) We're on the last lap folks ... let's hang in there and wait for the fireworks at the end of the show.

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