Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: SCJV

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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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smitty76

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Re: SCJV - Metallurgical Work and liquidity event

posted on Aug 02, 2015 05:02PM

My youngest child who is 9 will be graduating high school before Schaft Creek commences first cu production. I certainly hope the owners can get an acceptable offer for the asset sooner than later, as I don't have the stomach nor the investment timeline to wait this one through if the owners have no other option other than to go mining with their JV at some point in the distant future.