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: My one concern....question for the board

"We have no assurance that this project will ever get built. That is by far the greatest risk with this invesment."

That would be true IF CUU management made a decission to take this to that stage (i.e., mine), but as far as I know they still want to sell. So the greatest risk in short term would be lack of interest for our 25% by another entity. If the metal market bounces this risk will surely decrease.

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CUU management made the decision to give up on all the anti-mothball clauses. We are completely and absolutely at Teck's mercy right now. If they want to shelve the project for a later date, they can (and for as long as they want) and there isn't a single thing we can do about it.

Think about what really could happen here. What is the whole project worth as it sits? 1-2 billion, maybe more? We allowed Teck to put us on a indeterminate lay-away plan for a measley 20 million down payment.

Sure we can sell our 25% to anyone, at any time, but Teck is in control and who is going to pay the money we are expecting for 25% of a shelved project? This is the elephant in the room it seems we want to ignore.

Yes, this may not all happen, and they may be planning to build a mine ASAP, but with all the previous 'Teck wants this delayed" speculation over the past years you have to wonder where we are headed and what was Elmer thinking?

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