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: Its a no lose situation for Teck
14
Jul 16, 2013 07:27PM

IMHO, Teck wanted flexibility and not to have a stringent timetables and in exchange CUU got cash and liquidity. It's a win/win.

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16 cents a share for 75% of a district isnt a win-win in my opinion. I also said in my first post that the 380 million was an earn in not a direct payment to us.

5
T2T
Jul 17, 2013 03:00AM
6
T2T
Jul 17, 2013 05:37AM
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