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%)
Message: back in
if Teck backs in for what ever %.....Cuu gets the money that matchs the back-in amount to drill.
Heres the question, lets say Teck take`s what ever, Cuu has company`s lining up to buy what ever % back....can the new company use the millions of dollars to drill and prove up more?
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