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: that news release was useful...
7
Jun 06, 2013 07:56AM

No, I wasn't implying that I expected an overwhelmingly positive statement, but adding:

"There can be no assurance that the discussions with Teck will lead to Teck exercising any of its earn back options nor that the Company and Teck will enter into a definitive joint venture agreement as contemplated under the Teck Option Agreement."

to the news release really serves no purpose other than seeding doubt in the mind of shareholders and potentially insulating the companies from legal backlash.

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