Re: My one concern....question for the board
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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%)
Message: Re: My one concern....question for the board
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IMO, it is silly for people to say Teck can put us on the backburner for a long time.
Everyone needs to see how Teck do their business. Copper fox isn't the only juniors that Teck is dealing with.
If they are interested, they are interested. If they are not, they are not. Look at Catalyst Copper for example, they gave them an out to look for another buyer.
The thing with Teck is that they always act professionally. They will hurt their reputation just so they can screw with a junior company in CUU.
People need to understand that Schaft Creek is closer in becoming a mine than before. If 500k today can push the price up by 7 cents. Wait till you see demand for 3-5 million shares. Not many companies out there has a major miner financing on your behalf too.
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