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: Nova

If "additional entrants" have indeed arrived to the Galore table. Then that confirms the reports from CUU that additional interests have poked their nose around their property. The more the merrier.

I wonder if Xstrata is one of them, since they have an interest in our property. Even if the Glencore merger does not go through, a major like that could quickly team with Teck to build the "Mega Schaft-Galore" District.

I agree with Vette that NovaGold is clearly waiting for our BFS before they move forward with any deal. Because if Teck takes us out, then NG stands in a better position to sell off their portion for more. NG would own 25% of the "Schaft-Galore" district. Keep in mind its the "crappy" half of the district.

This report is encouraging that NG expects to sell off by 1Q 2013. Extending their original timeline by 3 months. Things should be moving very quickly for CUU if thats true.

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