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: Smithers Presentation
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Mar 24, 2013 12:21PM
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Mar 24, 2013 03:49PM

"I asked that since the price of our shares will go up once the EA is done, did he think Teck will want to buy us out a head of that. Of course he gave both replies possible. Yes possibly but maybe not as it is more of a sure thing for Teck if that obstacle is out of the way. I was thinking later if Teck is trying to invite a partner in with them the EA may very well need to be accepted before they can do this."

IMO, If Teck decides to wait for the EA to be approved, us longs who need to get out due to financial obligations are in big doo doo. Elmer is now claiming that EA will be completed by Q2/Q3, which from experience will be delayed probably to Q4, if we are lucky. The EA approval could delay negotiations to late 2014. We can expect our sp to take a nosedive if CUU does not get a decision from Teck by June 4, 2013. OMG!

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Mar 24, 2013 06:36PM
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