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: This is the CUU Board (...for EVERYONE)

Bostin, you have raised a very valuable point. Elmer said at least 2 or 3 times on the phone that if Teck backs in, they will not want us around in their way.

In my opinion, if they did back in and not take us out, our share price would go up for sure. In turn, we would be able to sell our 25% to another major. This would mean that Teck would have to share the sandbox.

I think if Teck backs in, I believe they will pay us a premium to get rid of us and for us to hand over all the goodies that we have for which they do not have back-in entitlements.

Share
New Message
Please login to post a reply