posted on
Mar 11, 2014 07:28AM
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: PDAC
Your Vote:
Did you know?
You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)
Like others that went, there wasn't much to report. I met up with Elmer, Mike and Lynn - Jason had just stepped away- and The Crew seems to have done a good job at circling the wagons. No comments of signifigance. I was there on Tuesday, and the show was packed. Good activity at the booth.
I wish I could point to a comment or two that was new or something I already didn't know, but management is optimistic but just staying the course. I've given up speculating on what might happen and I suspect some shareholders have reduced their portfolio to take advantage of other stocks with perceived potential in the interim.
But ... to speculate anyway ...I'm still optimistic. I expect a NR after the Teck JV meeting this month. I think our 100% owned Van Dyke deposit with comparatively better grades in the area and cheaper production costs will add good value to CUU ($7-800m?) and will eventually be a TSX listing for us.I still expect the logical course of action for Teck is to buy our interest and re-sell to a selected partner. We'll definitely know more when we see the kind of work and money Teck spends this summer (roads, bridges and infrastructure) mean a production decision. I think we'll hear about the production decision after we are gone. I don't know ... is it speculation if management doesn't deny any of these statements?
17 Recommendations
Loading...
Loading...
New Message
Please
login
to post a reply