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: Conversation with Elmer today - Q2
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Apr 01, 2013 06:22PM
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Apr 01, 2013 06:31PM
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Apr 01, 2013 10:13PM
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Apr 02, 2013 05:28AM

We'd be doing it on Teck's dime if they're backing in at all (and it's honestly difficult to fathom them either not taking 20% or not creating some sort of new deal where they still have a piece of the pie). I've been thinking there's no reason that it has to be NSR/20%/40%/75%/Buyout as our only options - they can literally negotiate anything that we both agree too. The agreement is just a starting point and something to force the negotiation time.

If we're sitting at 30 cents WITH a Teck backin - then the entire market will be gone and we'd likely have lost money everywhere.

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