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 Ressources delays Frontier oil sand by 5 years!

Your comment/quote that Teck said they plan to monetize the deposit took me for a loop. They've been extremely low key on the matter, so this comes as a welcome surprise to hear them say that

Copper Fox CEO Elmer Stewart said that, not Teck. From a double-sided letter that came in the shareholder info package, dated April 17, 2014:

"Schaft Creek is a great asset that has a reasonably low estimated cost to produce a pound of copper net of other metal credits, a significant factor in determining the merits of an advanced mineral resource project. Other positive factors of the Schaft Creek project are access to sufficient electrical power, port facilities and considerable exploration upside. Copper Fox plans to look at various strategies in which to monetize its 25% interest in the Schaft Creek project in 2014."

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