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%)

Free
Message: Year End Financials

Perhaps Elmer was considering drilling to move it into the Measured category but consulted with Teck first who then said no....we already know about it and it makes no sense to spend either your money or ours. Once he had that assurance, it made little sense to proceed obviously if he truly believed Teck is our partner and future owner of SC and surrounding area...

I don't think your theory holds water, if anything along the lines of your theory happened Teck would not be taking 30 days to decide if the PFS is bankable. What a kick in the teeth that would be! Teck telling us not to drill it and then saying we are not sure if this is bankable - you didn't hit the mark at 12%...

If we did drill it, we would have hit the 12% mark and it would have been unassailable, and also bring us shareholders more value - what their primary purpose is supposed to be.

If Teck accepts it great, but our share price is in the toilet because they didn't drill it. And if Teck really did what you propose, why not throw your shareholders a bone and tell us in a news release that Teck signed off on not drilling it?

Share
New Message
Please login to post a reply