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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If Teck bought our interest then they wouldn't have to back in because they would own both ends of the contract.

That is the confusion

If they do not elect to back in, they have no interest

We own it all now

So how would a deal just for Schaft Creek work

CF prices and sells 100% of the Schaft Creek Project to Teck

Teck wouldn't do that

So they must back in to buy our fractional interest in the property...which I assume will be heavily buoyed as result of the back-in

Either way we do OK..if the market participates

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