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: From Seeking Alpha yesterday
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Dec 05, 2014 03:40PM
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Dec 06, 2014 02:18PM
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Dec 06, 2014 02:21PM

Yes we do have a JV with Teck but why it that they are going to buy our 25%,can it not be another miner or CIC.

I said all our hopes are placed with Teck and they still are even if a third party eventually buys us out. Teck has to do the work to carry this towards production, and ultimately before anyone else considers buying us out, Teck has to make a production decision themselves. An investment fund won't buy us out until it is clear Teck is going into production.

We are fundamentally tied to Teck's fortunes with Schaft Creek at this point in time.

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