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: Question?
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Sep 26, 2012 08:36PM

Sorry, but I completly disagree. I don't have much time so I have to be blunt...

I dont' think phase 2 drilling would go after that 500m of Paramount extention. Yes, it might add to the deposit. But drilling any more of the Paramount and Main/Liard would not be beneficial to us right now. The BFS work on this project is either done or a few weeks off. That 500m target will go with the project as it is.

What is 500m when there is 1800m X 500m of Discovery to look at? There are other targets as well. Why extend a zone when you could demonstrate a whole new zone?

Phase 2 will probably not happen in 2012. The time to get that started is very rapidly running out if not gone all together. The leaves have turned up north and snow is a month away and December shut-down is only 3 months away.

I don't think we could imagine what Phase 2 will be with the plethora of current possibilities and lack of info going on right now.

We don't know that much about our Phase 1 let alone much else about this year's exploration programme. Not one map apart from the phase 1 drills. Only 2 drill results plus 2 failed cores pending. Aerials we haven't seen, Titan that may or probably didn't happen, and a Mira that seems oddly constrained to the Sched A lands and Discovery zone, and Aster targets...

Now we are hot for Arizona...

Ever since the BFS delay surprise this spring it seems that the whole year got turned on its end.

Regarding the BFS reviews...I dont' think the number and personell doing the peer reviews are really that unusual.

A variety of more clandestine possibilities exist: TCK could have hand picked one or both and, with CUU's approval, is getting a first go at vetting the project, or CUU is letting an interested 3rd party with a confidentialy agreement have a good look at it, or TCK is letting its chosen partner to get a good kick at the tires before it goes into the show room. I'm sure there are a number of glaring holes in any of these fantasies.

jmho


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