Re: HALT sign

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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Nav2006

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Re: HALT sign

in response to

Re: HALT sign

BurningRoF

posted on May 28, 2013 03:18PM

It's pretty well based on timing, support and the float. I know, what matters is what is in the ground, but there is too much uncertaintly in the current metals market and there is no way Teck shareholders would accept a CUU buy out at 3x, 4x or 5x current price or average last 30 day price.