Re: From today's NR
in response to
by
posted on
Apr 17, 2015 09:32AM
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%)
Yeah, I gotta be honest man. I don't know how you don't know that spin off isn't in the plan. The corporate structure has been talked about here many times and go take a look on the website. It has long been setup for this, talked about and the news released always refer to stuff as Copper Fox's subsidary Northern Fox even.
Makes me feel like you are blatantly trying to put out negativity now when you should know this already.
Edit: A tax return is for sure not income, niether is a PP.
Also we recently went over how long the money would last (excluding any carmax stuff, but included VD/SB spending for this year). Feel free to look in my history and find it.