Re: Interesting development! Copper Fox taking legal action...
in response to
by
posted on
Mar 30, 2014 11:36PM
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%)
I would certainly hope that this investment of ours is wrapped up long before the courts would have to deal with this issue.
If the intention is to sell Cuu (the company) it is unlikely the management would want to have a bunch of lawsuits in the works.
I think Elmer and staff feel they have done a good job and are just tired of all the posts that claim they have not.