Not BHP. They have not operated near our AZ lands in years so there is very little connection with us.

1st we look at the connections with Teck. Who does Teck already work with in the copper field.

http://www.teck.com/Generic.aspx?PAGE=Teck+Site%2fDiversified+Mining+Pages%2fCopper+Pages%2fAntamina&portalName=tc

We have a 22.5 % interest in the mine. Our partners are BHP Billiton (33.75%), Xstrata plc (33.75%) and Mitsubishi Corporation (10%).

How did Teck work that out ?

They took everything at 1st, then they sold it off to various partners. Kept 22.5% and operatorship.

They could do that with us. How does getting Schaft Creek for free sound....with little to no capex coming out of their pocket......

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BHP

* They work with Teck

CUU's VP of operations has worked with BHP:

Cam Grundstrom, B.Sc. Eng.,
Position: Vice President Operations

Mr. Grundstrom joined Copper Fox Metals in 2007 and brings over 20 years of mine design, development and operations experience. He has been involved with, and responsible for, the development and operation of mines on two continents. Most recently, Mr. Grundstrom was the Mining Coordinator at BHP Billiton's Ekati Diamond Mine, where he was responsible for mine operations. In addition, Mr. Grundstrom was the Mine-General Foreman at Placer Dome's 225,000 tonne-per-day (gold) Porgera Joint Venture in Papua New Guinea.

Shane also worked for BHP:

Shane Uren, M.A.Sc., R.P. Bio,
Position: Vice President Environment and Permitting

Mr. Uren is a Registered Professional Biologist in British Columbia who brings with him 10 years of environmental consulting experience in Canada and overseas. His experience includes environmental assessments for BHP Billiton's Ekati Diamond Mine, Cambior's Rosebel Mine, Inco Ltd.'s Goro Project, Novagold's Galore Creek Project and Thompson Creek Metal's Davidson Project. Mr. Uren has considerable experience in the management of environmental assessments of mining projects in British Columbia.

As I recently posted I like the new CEO's mindset (futur need for supply, no adverse social impacts, no environmental impacts, political stability, long term deposits)

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/575984-what-the-new-bhp-ceo-thinks/messages/1807632#message

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XSTRATA

Xstrata works with Teck on Antamina (33.75%)

Xstrata owns 10.75% of Liard Copper Mines Ltd.

Xstrata was not willing to sell them (Liard shares) to CUU or Teck. (I asked)

Xstrata is now owned by Glencore ($35 Billion acquisition), so Glencore has 10.75% of the voting shares. Glencore has talked to CUU in the past.

Glencore is not finished:

Glencore seen hungry for more after swallowing Xstrata

"Glencore wants to buy when no one else wants to buy, and what no one else wants to buy - that is when no one else is bidding and you can buy things cheap. That time is clearly now."

http://www.mineweb.com/mineweb/content/en/mineweb-mining-finance-investment-old?oid=188475&sn=Detail

As for Xstrata old CEO and CFO, they want to set-up a mine fund

''The fund would probably buy the undeveloped resources that major mining companies are looking to sell, the people said, asking not to be identified before a public announcement. While the plans aren’t final, Davis and Reid would likely search for investors in emerging markets and the Middle East, they said.

The executives would join peers raking through the world’s unexploited mining assets.''

http://www.mineweb.com/mineweb/content/en/mineweb-mining-finance-investment-old?oid=181293&sn=Detail

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MITSUBISHI

Mitsubishi works with Teck and like to take on smaller % (10-25%) of big assets with big partners.

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SUMITOMO

I like their mindset:

A scarcity of high-quality copper mines globally promptedMitsubishi Corp. and Mitsui & Co., Japan’s two biggest trading houses, to pay double the original valuation for stakes in Chile’s Anglo-American Sur SA in separate deals in 2011 and 2012. Resource nationalism, or state demands for higher taxes, royalties or stakes, was the primary concern among mining executives in 2011, replacing capital allocation, Ernst & Young LLP said in its annual risk survey published in August 2012.

“Resources in good condition are becoming rarer and resource nationalism is continuing to evolve” even as the global business climate improves and currency volatility slows, according to the statement.

Expand Output

Sumitomo Metal, the second-biggest copper smelter in Japan, will seek partnerships with Freeport-McMoRan Copper & Gold Inc.,Vale SA, and Teck Resources Ltd. for access to new copper projects, Kemori said.

Sumitomo is also linked to Teck voting shares and Keevil

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/563540-sumitomo-loves-jv-teck/messages/1773680

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ROYAL GOLD

They have a 3.5% NPI on Schaft CReek

See new website: http://royalgold.com/property-portfolio/development/all-development-properties/schaft-creek/default.aspx