Re: JV

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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MoneyK

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Re: JV

in response to

Re: JV

webgogs

posted on Mar 20, 2013 02:05PM

If Teck only elects to take 75% of the land within the agreement, wouldn't the land outside the agreement loose its value if Teck does not take it?

In the sense that with all the land they purchased around SC, they would control a lot in the area.

It would be pretty expensive for another company to start another mine right beside no?

Im my opinion, Copper Fox needs to protect ours interests by signing a long term agreement with Teck for the entire district.