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: Teck must have the BFS
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Nov 23, 2012 01:14PM

Nov 23, 2012 01:23PM
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Nov 23, 2012 01:25PM

If they have it early (and I think they do), I'm glad. Let them go over it. I hear it's 8000 pages, to big to even file on sedar.

If this is the case Teck will act before or upon release, but we can be sure they won't take 120 days. It'll be swift and unexpected.

If I could choose between a deal today and Jan 2nd, I pick Jan 2nd. 16 months to pay taxes vs 4, and more in TFSA. Even if we received Teck shares today, I would wait 30 days.

Teck probably asked for a NDA:

A non-disclosure agreement (NDA), also known as a confidentiality agreement (CA), confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement, is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties. It is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects nonpublic business information.

NDAs are commonly signed when two companies, individuals, or other entities (such as partnerships, societies, etc.) are considering doing business and need to understand the processes used in each other's business for the purpose of evaluating the potential business relationship. NDAs can be "mutual", meaning both parties are restricted in their use of the materials provided, or they can restrict the use of material by a single party.

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