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: Another Sunday evening takeover - Prospekt
8
Dec 16, 2012 10:56PM

Bigmac,

Teck will most likely take 100% of CUU, they dont really have a choice as they have a need to aquire and mine and on their list there is nothing that really comparesto CUU. CUU has a potential to be mined for 50+ years maybe even 100+ years if they want to go full depth on every inch of that property... Teck isnt here to rush things, thats why they havent presented an offer to us and they prefer the feasability to come out so our share prices goes higher before they make an offer. Teck knows Ernesto wont accept just any lower offer and they dont want to justify to there share holders that they are paying 500% premium for CUU.... so Teck needs the price to go up natrually through the BFS before they make their 40-60% premium offer.

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