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: Wheel and deal

>However, if any of the parties is stubborn like a prospectors mule, this could drag on in the courts for a long time. It comes down to who has the most leverage and if both parties are reasonable<

I would think CXM would still have the most leverage (but not 100%). The government is pushing for jobs to be created in the mining industry and the Yukon boys would be less likely to provide them. Carmax is probably not going to share any of their info. That would mean any newcomers would be starting at or near the beginning. They would not even be able to explore without First Nations approval. That may be difficult to get.

Then there is still the question of why they aquired the claims in the first place. Was it to explore and mine? Or to put the claims up for bid?

I would think that $500,000 would be a bit high. But everything about this investment is contrary, so who knows.

Share
New Message
Please login to post a reply