Re: PDAC

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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calvin123456789

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Re: PDAC

in response to

Re: PDAC

bigbuck

posted on Mar 11, 2014 05:15PM

He agreed Tck will never pay the type of multiples we expect based on the current SP. The SP needs to move up do Tck can justify paying what we need.

That was discussed and agreed the SP needs to get moving. I am sure someone else who was there can verify. Either way it's irrelevant, because he is not promoting and that's my point.

Not necessarily...CUU is structured differently. I think Teck can acquire the 25% interest of Schaft Creek from us without buying out the company itself. We can redistribute the funds and spin off desert fox.