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: CUU management contact=fyi
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Dec 08, 2012 04:41PM

Thanks RT

If I read all of these examples correctly, all of them made public, prior to concluding an agreement, that discussions were in fact ongoing

That is all I am seeking here

And I will agree to disagree with everybody here who believes that there is some reason why this activity needs to occur in secret

For the life of me I cannot see any reason why the mere fact of a possible transaction, either backin or buyout is somehow preferable to anyone, except Teck at this juncture

..and the advantages, to them, are that they have our apparent acquiescence to not drop the BFS which triggers the clock and share transfer

...and keeps our share price suppressed which obviously enhances their negotiating position

If the BFS is done and shows the project to be revenue neutral, we need to be officially advised that we haven't invested in moose pasture, which is where the market is now valuing us

The damages to shareholders are mounting as people plan their yearend strategies which are now complicated by political events in the US which may bring steep tax consequences on investment results

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