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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: AGM Questions
9
Oct 15, 2013 02:09AM
1
Oct 15, 2013 10:38AM

Elmer won't be able to talk about anything that went on during negotiations.

Some better questions would be:

Why do you feel it was appropriate to advertise a -$0.04 cash cost when the actual results came in at $1.15 per lb?

Why did you tell us at the last AGM that the Feasibility Study was still on schedule for mid to late summer when it wasn't complete until December 21?

Why did the feasibility study say that the Environmental Assessment was on track for Q1 2013? Was this a flat out lie?

Why did you expect production of around 600K tonnes per year of concentrate when the actual numbers came in at 376K? Were you completely disconnected from Tetra Tech throughout the feasibility work?

Why did Copper Fox run out of funding during critical negotiations?

Why was the 120 day clause not enforced?

Why did you feel it was appropriate to extend options and warrants for insiders?

4
Oct 15, 2013 07:08PM
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