posted on
Jan 21, 2013 12:00PM
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%)
Message: Re: VIRC
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I see Vette reported from ES that the "30 days" issue is not the case. So scratch my assumption that we were positive NPV at 12%.
Yes Lynn knew nothing about it, then Kathy (CFO) knew nothing about it. And i wanted to hear it from Elmer. Called him on his cell, he called me back 5 min later (he was going to the show).
He had no clue what I was talking about. At first he said oh you are talking aboiut the 45 days to be filed on sedar...I said no. He said hmmm 30 days...oh that's regarding the EA and goverment. Goverment has 30 days to approve the EA before getting processed.
So he said as soon as Teck receives the Feasibility they have 120 days to declare.
He aslo said, don't worry we have a pretty solid legal team.
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