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%)

Free
Message: CUU could sell control
Reply New Message
Prev Message Back To Forum Threaded View Next Message

I have had the same concerns

I believe they are required to form a JV within 60 days of the BFS

CUU is specified to be the managing partner until Teck earns back in

This would occur during the 120 day decision window for Teck

I think I posted that this was an unacceptable term to Teck and they would not do it

That I believe is still the case

Part of whatever ongoing negotiation they are conducting will absolutely have to be the modification of that term

...and there is value in that position

4 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply