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: Rejected?
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Sep 12, 2012 01:03PM
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Sep 12, 2012 05:10PM
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Sep 12, 2012 05:11PM

But why not just release the FS . Then it's open for bids . Am I correct in saying this .

What do you mean, open for bids? Anyone at any time this past decade could have offered to buy our company out. It will be no different after the feasibility. However, after the feasibility the minerals in the ground and the cost to mine them will be known so there will be a better way to understand the value of this project.

I don't think though until Teck says what they intend to do that anyone will be lining up with bids because they don't know what percentage of the project will be left to us by Teck.


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