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: Valuing Schaft Creek and Rosemont (Augusta)

Well if mines are becoming more and more difficult to open. BC has said they are open for business. Hydro going right by, no fish habitat will be spoiled. Teck buying in for peanuts. Big opportunity for expansion in a friendly, Canadian environment. You would think once we submit our EA and assuming it gets passed you would think our price may move up significantly. Optimization studies should be done by??????. I do like the idea that we have bought other properties it looks like CUU is completely done with SC as Teck is in the driver seat. During the Teck buy in telephone conference I asked what are we going to do with the 20 million so we were given a dividend and they have bought a couple of things. What is to stop Teck from moth balling? We think they are interested enough not to moth ball. So we are waiting for optimization studies. How long do they take? After the optimzation studies do we get an answer whether we will be a mine or do we do more exploration. I would like to know what Canada Grants neighbour is saying. Still waiting.

Cheers

1
Jun 24, 2014 12:41AM
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