Re: New video

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

stockfriend

Rank: Vice President [?]

Points: 6098 [?]

Votes: 152 Score: 3.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: New video

in response to

Re: New video

JohnnyAugust

posted on Oct 23, 2012 08:39AM

Hey, JohnnyAug: thanks for your post. The only thing I would add is my understanding is the plan is to sell the company -- not just Schaft. I asked about this twice and was told that it is the most tax efficient away. I guess that would result in a spinco of assets not desired by the other party, possibly AZ lands, etc.