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: Re: $3.45 on November 1
14
Nov 19, 2012 07:59PM

Nov 19, 2012 08:09PM
3
Nov 19, 2012 08:17PM
1
Nov 19, 2012 08:17PM
6
Nov 19, 2012 08:19PM

Nov 19, 2012 08:22PM
7
Nov 19, 2012 08:24PM

Nov 19, 2012 08:25PM
7
Nov 19, 2012 08:34PM

You need to strike from the list everything that doesn't have to do with the economics of the project.

I don't agree. The location of the mine is very important. The geopolitical risk has become a very important issue this past year.

Golfyeti's comments about the inside ownership being so high and the billionaire funding will also contribute to getting a fair price. It means we can hold out if we don't like the offered price. We can simply wait them out. The Agreement gives them at most 120 days and then they have to make their one-time only decision. We can wait past that date and then take the remaining percentage to the market in general, if need be.

The potential of the area is also very important. I believe the website specifically states that there is value in this potential. A profitable mine isn't going to attract the attention of the big miners unless it is large and can last for decades. Those are the projects that are desirable. So an economically viable project that is small and limited, is not that appealing. Teck, or anyone else, is not going to simply look at the economics and then stop.

5
Nov 19, 2012 09:06PM
20
Nov 19, 2012 09:16PM
5
Nov 19, 2012 10:02PM
2
Nov 19, 2012 10:03PM
4
Nov 19, 2012 10:51PM
1
Nov 19, 2012 11:02PM
17
Nov 19, 2012 11:17PM
2
Nov 19, 2012 11:21PM
9
Nov 19, 2012 11:31PM
1
Nov 19, 2012 11:59PM
4
Nov 20, 2012 04:22AM
4
Nov 20, 2012 07:28AM
Share
New Message
Please login to post a reply