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: Teck

Would saving a few hundred millions of dollars be worth wasting allt his time just so Ernesto would budge? Versus SC in production and taking advantage of a copper deficit as early as 2017 (from the article) or taking advantge of the next copper bull cycle.

I agree with you on all points. If there is a fair deal to be made then Teck will either make it directly or find a partner.

Another thing, Teck doesn't have to buy us out in order to put this in production. They can move forward with only 75% ownership if our price is too high. What do they care? They could put it into production and let us sell to someone else for a high price. I think Teck is capable of making a pragmatic decision and then walking away if the deal is not there.


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