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: The way i see it
6
May 31, 2013 12:43AM
6
May 31, 2013 10:23AM
8
May 31, 2013 03:08PM
2
May 31, 2013 03:20PM
2
May 31, 2013 03:33PM
4
May 31, 2013 08:30PM
8
May 31, 2013 09:17PM
7
May 31, 2013 10:33PM
4
May 31, 2013 10:56PM

I don't think we gave them an audited statement of expenses.

I think we did. All the NR's up to February 4, 2013 included the statement:

Should Teck elect to exercise its option for 75%, Teck is required to fund subsequent property expenditures up to a total of 400% of those incurred by Copper Fox ($84.3 million to July 31, 2012) and use its best efforts to arrange for project financing, including the Copper Fox portion.

Then, on February 4th we had the NR that announced the FS was filed on Sedar. It contained this statement:

Should Teck elect to exercise its option for 75%, Teck is required to fund subsequent property "Expenditures" (as defined) up to a total of 400% of those incurred by Copper Fox ($85.3 million to December 31, 2012) and use its best efforts to arrange for project financing, including the Copper Fox portion.

It wasn't until the January statements were released that this figure first showed up. Those statements didn't come out until March 27th, but this figure had already changed on the NR as of February 4th--the date the FS was published and we were told it was delivered to Teck. Also the whole "expenditures" (as defined) thing was new on February 4th.

11
May 31, 2013 11:46PM
3
Jun 01, 2013 12:31AM
4
Jun 01, 2013 12:36PM
1
Jun 01, 2013 01:37PM
2
Jun 01, 2013 01:59PM
14
Jun 01, 2013 02:07PM
5
Jun 01, 2013 02:29PM
14
Jun 01, 2013 04:41PM
4
Jun 02, 2013 01:57AM
8
Jun 02, 2013 12:07PM
14
Jun 02, 2013 01:27PM
6
Jun 02, 2013 02:40PM
4
Jun 02, 2013 03:03PM
6
Jun 03, 2013 10:42AM

Jun 03, 2013 10:49AM
1
Jun 03, 2013 10:53AM
4
Jun 03, 2013 10:55AM
1
Jun 03, 2013 11:18AM
1
Jun 03, 2013 07:05PM
Share
New Message
Please login to post a reply