Re: My thoughts

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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bostrin

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Re: My thoughts

in response to

Re: My thoughts

Orcinus

posted on Mar 26, 2013 12:37PM

Well not to worry. We can all be led into conversations that we don't normally partake in.

It was something like - what if Teck only takes 75% and cannot to buy us out. Then the question would be - what if know one can afford to buy us out and Teck goes ahead with the mine. Then we are partners in a mine collecting revenue and distributing them as dividends.

In general there are worst things that can happen. Most could not afford the wait. For some who look at his as a very long term investment this would not be so bad.