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: Where is the feasibility study?

"another reason for Teck to buy us out 100%, reduce legal and accounting fees in understanding this legacy contract..."

Yet another reason would be the tax loss accumulated by CUU. At the end of 2011, there's approx $41M deficit (I assume a similar amount for tax purposes) for CUU and say $45M end of 2012. If Teck buys us out, it can amalgamate the two and utilize the tax loss carried forward, which, assuming a 40% tax rate for Tech, will be worth some $18M in tax savings; not a huge amount, but why not grab that from the tax man when you can! JMO

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