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%)

Free
Message: Re: Conversation with Elmer today - Q2
72
Apr 01, 2013 06:22PM
7
Apr 01, 2013 06:31PM
12
Apr 01, 2013 10:13PM
11
Apr 02, 2013 05:28AM

At 5B US our share at 60% would be worth 3B or appox 3B/425M shs = $7/sh. So imo let Teck back in ( hopefully at a lower percentage ). Let`s do a massive program on Teck`s dime. Sure it will take another year but getting $7 or more latter is way better than $2 that some think we can get now.

If we drill like hell and thus increase the size of the mine while expanding the mineralization zones, should'nt we have to complete an updated PFS in order to attract some other huge interest? Insert X number of extra months, years here!

Teck certainly won't let us benefits from their investments this way... I think they are really thinking of wether they buy it all or simply pass.... If it is ''risk sharing'' they are aiming at, they should get some other partner themselves and buy us out and share risk with the so called partner after... makes more sense to me. Elmer wont ever tell you buyout discussions happened, if they really began, he would get sued and lose all credibility...

Share
New Message
Please login to post a reply