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%)

Free
Message: freeport

I've just read Carl Icahn has bought 8.5% of Freeport- McMoran, the worlds biggest Copper miner. he's filed notice of intent to buy as much as 25% of the company. his raiding forays, like this, are legendary for being sucessful. I'm sure he sees a weakness in the mgmt. or whatever that he can rectify, but he must also see a good future for the copper market or the raid wouldn't have much chance of success.

I think this news bodes well for our co. and Teck, as well as some other Canadian Copper producers. let's hope.....chunky

Share
New Message
Please login to post a reply