Re: Back to the table

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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MoneyK

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Re: Back to the table

in response to

Back to the table

unearththis

posted on Sep 01, 2016 09:08AM

Welcome back! Yes, I've been in this journey for several years also... continued to accumulate over the years...

The office mentionned that they would absolutely consider an offer against tck.b shares.

Just for the fun of it, what kind of offer would you guys consider reasonable for Shaft Creek only at the current levels?

I'd like at least 1 tck.b share for every 20 CUU share... minimum... + money to continue with the other properties.

It's ridiculous when you think that it would only dilute Teck's share count by 4%.

They could then turn around and sell 49% to another partner to finance the construction and in 3 years, those still holding teck would enjoy the benefits of this mine $$$.