Re: Missed Deadline

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

NotSoQuick

Rank: Treasurer [?]

Points: 1983 [?]

Votes: 51 Score: 2.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Missed Deadline

posted on Jan 24, 2013 12:25PM

Re: Does anyone think they can reject an offer that is above the current share price without making the offer public?

In IMO, I think they can - the communications lines are open between Teck and CUU so there can be any number of offers going back and forth. As long as both sides agree and are in "friendly" discussions - which CUU wants as it has made it know that they want to be bought out. To my mind, there is no point for Teck/CUU to announce that offers/counter offers have been made because they know without insiders approval the deal isn't going through.