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: Dividends
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Sep 17, 2012 01:07AM
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Sep 17, 2012 02:27AM

Teck can buy out our interest in Schaft Creek

Thinking about how that would work

Do they renounce their back-in rights first?

If so we price 100% of the sale properties, cause that is our interest

If they back in, wouldn't we want that to be a seperate transaction?

Assuming that the act of them electing to back in will drive the share price and the pricing of our interest in Schaft Creek

Don't care how it works, but I want the market to see the studies and the BFS before we agree to any sort of deal


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