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: Teck buys (more) of copper/zinc play....but its not us...yet

Because it is not at all a wording difference man. Also as I have said already this is not even close to the first time he has tried to say the same thing only to be corrected and yet again later say the same very incorrect thing.

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Here is my problem. Teck and our management disregard the Salazar Agreement, which Teck wrote and shareholders depended on to be true. Teck pays CUU around 24 million for 75% of the work that cost CUU shareholders in the range of 90 million to do. What would Teck expext to pay and what would CUU shareholders expect to get for the other 25% if the first 75 was about 24 mil? Other than the shareholder rebate the rest goes down the drain with nothing much to show for it.  Carmax is a perfect example. The only property they own and they can't even remember to renew the claim. Anybody ever hear Elmer take responsibility for any of this?

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Read it again please and tell me how it isn't greatly incorrect.

We earned 25% for ~90mil - 24mil (also potentially another 40mil in payments and full free ride to production so it happens) is a very big difference then we gave 75% for 24mil. What he is saying is clearly a unfactual incorrect bash on the stock and management which he knows full well is wrong. 

 

Edit: This is also a hub leader FFS. 

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