Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Re: New Presentation

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Linsickel

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Re: New Presentation

posted on Jun 03, 2015 02:55PM

Correct me if I am wrong, but didn't Don Lindsay say that the dividend was cut for aquisitions or spending? As they did not technically need to cut it for cash flow.

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/teck-resources-slashes-dividend-by-two-thirds-on-lower-prices/article24041071/

From the article.

Vancouver-based Teck is reducing its semi-annual dividend rate to 15 cents from 45 cents a share, citing the need to conserve cash so that the company is able to deploy funds for capital spending.

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