Re: CUU 's sc true value?
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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: CUU 's sc true value?
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When Teck backed in for 75% they also earned 75% of the Liard shares and now hold 58.5%.
Cuu was left with 19.5% plus the 1.57% we had bought privately for a total of 21.07%
Istrata, when they bought Falconbridge, ended up with approx. 10.7% and the remainder is in private hands.
Teck is the majority owner..hope this helps clear up this confusing mess......chunky
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