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: Call to the office Update
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Jun 12, 2013 03:13PM

Vette, what is your opinion on why Teck's decision is not coming quickly? Should I start saving up for next year's TFSA contribution?

''As for June 4th it's a target but was purposely not set in stone during these disucssions and we can understand why. As I posted yesterday.....many DEPENDENT AND INDEPENDENT VARIABLES can influence what we think is a CONSTANT:

The current discussions can involve just Schaft Creek or maybe the land all around it (again they added more lnad last week), then you must consider the port agreement, you have the Hydro agreement, you have Xstrata (now Glencore) who own 10.72% of the Liard shares, you have Royal gold, First nations, Goverment, you have various tax implications, accountants, lawyers and various options to pick from, schedules, possibly another player involved, and I'm probably forgetting some..''

''I already have the board’s agreement that selling our interests is the best course of action.”

In the meantime, Copper Fox is preparing the necessary licenses and permits for whoever it may be who takes the ball and runs.''

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Jun 12, 2013 08:52PM

Jun 12, 2013 08:52PM
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Jun 13, 2013 10:59AM
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