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: Merit's past challenges...Redcorp terminated the contract "due to lack of perf

"Redcorp is no more due in part to their financial issues."

Not sure how viable their project was to begin with

However, the take away, just from our experience here, is that juniors who of necessity have to work with these consultants, are at considerable risk if there is a time element associated with their access to funding

We have the apparently good fortune to have a deep pocketed fellow shareholder who can and has provided all the required bridge funding to bring the project to where it currently is

I can't help but think that these well funded majors can and do use these circumstances as leverage in their dealings with juniors and explorers

Part of why I have been comfortable to have gone so deep into this one

So far simply running out of money has not been a concern to Copper Fox

...although with these delays, I can't say the same about me

Share
New Message
Please login to post a reply