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: Teck in no position to acquire CUU in 2014
10
Dec 13, 2013 04:52PM

I said they could sell 49% of SC for $3B after buying out our 25%.

Noted. That's still a very far stretched number imo. If its really what CUU'S worth, Elmer should have prevented Teck from backin in instead of selling 75% of it for 20M or so. I understand Teck's backin adds security and financing but is that worth 2B dollars + ?

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