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: S.O.S.
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May 28, 2013 01:28PM

Yes true. Anything can happen. Both good and bad. I would be interested to here your worst case scenario?

Worst case....you'll be disapointed. Worst case from all winning possibilities.

Back in 20% Teck must spend $90 million (enough to prove up the Paramount and more + enhance economics of current Feasibility pit) we then get to sell 80% & possible bidding war. WIN

Back in 40% Teck must spend $270 million (enough to prove up the Paramount and more + enhance economics of current Feasibility pit) we then get to sell 60% & possible bidding war. WIN

Back in 75% Teck must spend $360 million (enough to prove up the Paramount and more + enhance economics of current Feasibility pit) And must finance CUU to production, we then get to sell 25% & possible bidding war. WIN

Teck takes 100% Win

And finally ( I can logically deduct that this won't happened at this point, but just for fun, Teck takes nothing, We get 100%, CUU can (for example) sell 20% of the pie and finance drilling, we get to sell 80%. WIN (just as good as the 20% back-in)

Again this can be about just Schaft Creek or the entire district & possibly include Arizona.

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