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: PDAC March 3 - my notes
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Mar 03, 2013 05:47PM

thanks Mantical for sharing this.

I suspect there is some effot to manage expectations here. With respect to Jason, I don't think he is qualified or in a position to say what a reasonable buyout share price is for Copper Fox. My understanding is he has no more information than we do. Personally I think 2 bucks is a tad low. I've heard several people indicate that a minum of 3 bucks is expected.

Elmer and team have put years of work into developing CUU. I think he expects to be paid for his effort. Ernesto has assumed signficant risks. I expect he will want to be compensated appropriately for it regarless of what his average share price is. JMO.

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