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: opinion of copper outlook
I'm like everyone else and have no idea what is driving this rally. Teck saying that they are interested in possibly acquiring a producing copper miner and possibly cutting their dividend is proof that they believe the price of copper is going up in the near future. Their stock price will take a bit of a hit if they are the Aquirer of a copper miner AND if they sacrifice the dividend to do so, their stock price will take a further hit so I'm sure they are considering this and "testing" the markets reaction. If the reaction isn't a severe backlash they may have a better idea of how an acquisition of an already existing mine that they already have a 75% stake in would be perceived. It's funny that the stock price of CUU continues forward in conjunction with Teck.
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