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: news timeline
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Oct 20, 2014 06:19PM

But this would not be referenced in the press release, I'm sure. I can't imagine Teck is prepared to negotiate a price in public, in any way, shape or form.

Definitely not. But it is possible that during the meeting, they can reference that since CUU AGM letter that CUU is looking to monetize SC, Teck can say they are interested. Please go and consult with your board what your price is.

I don't think it's Teck style to just throw in an offer whether it's lowballed or fair. People need to understand that Copper Fox and Teck are partners in the JV, it's not a take over or anything. It's simple as Copper Fox wanting to sell their share in JV, Teck is interested in buying.


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