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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Thanks for the link Kinte.

I re-read it and still don't see where we would get $44 million if Teck does not proceed. I don't see us seeing any further cash from Teck without a production decision, but if I understand what Golf posted - we are to see approx another 20 million in cash even if Teck backs out or shelves?

That is what I'm looking for an explaination on. I can't find that anywhere, but would love to see that shown to be correct.

I DO understand there is cash and credits plus financing that we benefit from with the JV post production decision. That has been explained in detail and I now buy into the value there and agree with most here on that topic.

I don't agree the property is worthless without Teck.

I agree with Linsicle that 100% of SC without Teck (and Teck's Liard shares) is likely worth more than 25% of a JV partnered project with Teck (without a production decision).

The ~$90 million spent proves the value even without the waste being looked at. A whole new ballgame if the waste was proven up too.

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