Example of Teck back in decision

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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Silverlining

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Example of Teck back in decision

in response to

Re: After hours trade

Nav2006

posted on Jan 09, 2013 07:07PM

Teck took about 2 months to not exercise its option in the Pebble project with NDM in 2005 when it had 180 days to decide:

http://www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=336812&_Type=News-Releases&_Title=Northern-Dynasty-Exercises-Purchase-Options-On-Pebble-Project

http://www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=336817&_Type=News-Releases&_Title=Northern-Dynasty-To-Acquire-Teck-ComincoS-Remaining-Working-Interest-In-Peb...

Different time, different project, but an example of Teck not needing all the time available to it to make a decision.

Hoping for less than 2 month decision this time around. Haven't sold a share. Bought couple of days ago at $0.84, a little too early as it turned out. Hoping it will just be a rounding error when all is said in done.