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: The 4 year clause - CUU isn't what Teck should be worried about

I've been puzzling over ES's comments on the 4 yr clause. He seemed to be letting a lot of air out that balloon during the conference call.

If a judge were to review the cases against maintaining the 4 yr timeline established decades ago, would he/she not update the timeline to a reasonable period (say that described in the +FS)? And, given that new timeline, would it not also present a risk to TCK warranting some interest in taking us out anyways?

There was a self proclaimed lawyer posting here before I went on holidays offering some interpretations on some other issues... (Sorry forgot the name). It would be interesting to her his/her thoughts on how a dated agreement would stand and be updated between two rather non-adversarial parties. Would the old agreement simply be thrown out?, be updated? or stand as written? I would think that the spirt and intent of the agreement would be carried forward in some manner. Opinions welcome

glta.

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