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: Your plans?

What do you do plan to do if there's just a backin? What if they walk entirely?

Keep holding and wait to sell to another major or until we make improvements? Literally "In till the end"

Take a portion off the table? Sell your whole position? With timelines a lot foggier, the "gaurantee" isn't there anymore that we will ever sell. We might be worth more, but how long until you can realize those profits?

Buy back later when we're closer to getting results? Less of a risk of a surprise buyout after just a backin (though still there from another major).

Maybe it depends on where the shareprice is? I'm just curious as to what peoples plans are and their reasoning. Obviously a lot depends on how much they backin for, or if they come up with a completely new agreement or something.

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Apr 04, 2013 10:06AM
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