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: What do foxes do with a den full of money?

I was refering to Sydneyb's reply to your previous post, which basically just said EE would want cash, so it wouldn't all be rolled over into more exploration.

All we have at this point is speculation, but the tax advantages of a spinoff of the AZ properties followed by the sale of Copper Fox to Teck, whether for cash, Teck shares, or some combination, seem pretty compelling. That would provide a liquidity event for shareholders as long as cuu is acquired. If it isn't sold to Teck or a third party there isn't much cash available until the mine opens and costs are paid off, but you have to expect share price would head up with a decision to build, and as the mine's construction proceeds. I'm hoping for it to be sold, but if it isn't subtantial dividends would start at a reasonable time for me to retire, so it wouldn't be all bad.

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