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: Teck's 2 Options 1. Buyout at 100% or 2. JV
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"Buyout option means in terms of Copper Fox,"

There isn't a specific buyout option, that I am aware of, nor does Teck have a stated ROFR, to my knowledge

It might be of interest to folks here to read or reread the Salazr agreement which sets out most of the deal mechanics that are at play here

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B1opssTdj4BuY2FkMmQzMDctNzdiZC00Njg1LTg3YzUtNTY2MzhjODRlMGFl&hl=en_US&authkey=CPLqmtQO

This from the link library, posted by Willy Nilly

There may be other agreements at play, but their effect isn't known

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