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

Yes they can but then the rest of the body is enjoyed in full force. They would have to decide whether to make a production decision, % they want, or take the royalty. This can't be avoided. I've made certain that would not be the case. The last thing I want is a stock stuck in limbo. I did mention that Teck could request an extension and we'd give it. I don't think Teck can or will challenge any data because they've been behind that. I also think Teck had to agree on the numbers used in the report. Perhaps they could challenge those? ROV is a newer method so they can dismiss that but then under the % system it's still positive.

120 days would be enough to get a drill result from the cap. So we delay a bit longer then Teck says prove the waste and we get that done before the time's up. Then Teck buys. We don't need to wait much longer for the snow to drop enough that we can get a drill up there. I'll volunteer to run the cat in return for travel expenses. We don't want Teck to back out entirely. 20% would be just fine but we're better off with them at 40%. The project needs an operator.

Go look at the contract in detail and show what remedy we have to conclude the contract if Teck doesn't accept the BFS.

Share
New Message
Please login to post a reply