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: ..Who is selling? Question - RT...
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Re: .... the reason for my negativity is because of the content in the BFS...The reason I'm still here is because of Teck. I think Teck can offer the financing, manpower, and technical competency to get this project into production.

You are entitled to your opinion but I disagree. I do agree that the BFS wasn't as positive as I was expecting. I also agree that there is more unknowns than I would like with the waste rock and improved recoveries. However, I choose to focus on that the BFS is still positive inspite of these things - especially with the 15% IRR for the Real options case and the potential for so much more. The BFS was designed to get Teck to make their decision.

And as many other posters have detailed better than I can...the best thing for us (maybe not immediately) would be for Teck to walk away.

This is one heck of a good project for someone.

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