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: Re: As market conditions improve....

Dear Maxwelg:  

Thank you to all you guys for welcoming me back.   I'm trying not to get my hopes up when I see the big volume and a bit of a rise.  

In terms of the $300K, I do agree that while we wait this out, it's unfortunate to have to keep overhead expenses going. Weren't some of the staffing costs shared/transferred across Northern Fox, Desert Fox for Elmer, Lynn and the accountant?  As Teck is the operator, there doesn't appear to be any extensive work required on our part.   The real admin work, I think, would be for Van Dyke, Sombrero, and Eaglehead, so it would make sense that those administrative development costs be associated with those subsidiaries.

Have a great weekend guys.   Stockfriend

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