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: Called the office
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Feb 01, 2013 03:11PM
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Feb 01, 2013 03:13PM

In some cases the spin off in anticpation of a future sale (see Candente) prior to the futre sale, in other cases they spin off as part of a buy-out IE: Newco spun out with x cash as part of purchase agreement

so it could go both ways.

SB2

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