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: Asking price -question
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Feb 13, 2014 09:53PM
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Feb 13, 2014 10:32PM
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Feb 13, 2014 11:05PM
Your point on deferred profits makes sense, and i hope you are all right....but only if we are there only option.......Whose to say Teck isn't pursuing a takeover of another copper mine or advanced project (Eg. Las bambas)? Perhaps someone can speak to Galore....could Teck advance that project fairly quickly? Are they able to take our "spot" on the NTL and stewart for galore's purpose? I have always read that galore has a large start up cost, and Teck has a fiduciary relationship with copper fox, so one could argue reallocating the port and power would violate that obligation.... so I'm not thinking galore would take our place on Teck's priority list, but could use some affirmation that that is correct. If there are other options for Teck, then sitting on Shaft would not be an issue, 0.5 mil isnt much, and it didnt cost them that much to obtain their 75%, correct? Can someone speak to this possibility? Thanks for your help
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