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: Thoughts - those Yummy Gingerbread Liard Shares
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Dec 27, 2012 12:04PM
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Dec 27, 2012 12:06PM

Dec 27, 2012 12:07PM
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Dec 27, 2012 12:08PM
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Dec 27, 2012 12:35PM

Dec 27, 2012 02:38PM

If you read clause 15.1 carefully, and I've been guilty of not doing so in the past, it actually says within 60 days of feasibility Teck has to deliver to CUU a definitive option joint venture agreement for review. They then have to use their best efforts to settle in good faith an agreement to replace this current one. There is apparently a non-specific time in which the agreement is to replace the current one.

I think we'll get an offer or a decision from Teck easily within that period of time. They have had plenty of time now to make up their minds. I would assume they wanted to be able to discuss the details with potential partners or funding providers and that's why they wanted the information published.

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