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: Air cleaning

Is it really too much to ask for the company to clear the air with its shareholders? They do work for us, do they not?

Money would be well spent to issue a news release just to clarify some very basic material information with their employers (US!). It is obvious that there is no real consensus on what is going on with the agreement, and some non-deal breaking information NEEDS to be defined...

- 120 day clock started or not (and when if started)

- Feasibility notice document delivered or not or even required (as per Metacomet's valid concerns)

- whether or not we are still awaiting acceptance of the FS as bankable

Nothing here that would torpedo negotiations, at least I cannot see any possible way that this would somehow upset the cart.

We need to know definatively if we are wrongly assuming the clock has started - because they have neglected to deliver the Feasibilty Notice that Meta has been touting as a real requirement.

We need to know if Teck has accepted the FS as bankable or not, or if we are still waiting.

How can they justify witholding basic, but very material information from the shareholders? By witholding this information they have created uncertainty in the market and our share price is paying the price! How can we base our investment decisions on assumptions that the company flat out refuses to clarify?

If anyone can give any reason why clearing the air would be harmful in any way to negotiations, please do (unless management is working in bad faith to actively supress our share price for the benefit of another company). They can't keep leading us on with hints, assumptions and inuendo...

Share
New Message
Please login to post a reply