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: Partys over

Have you paid attention to what has happened in the commodities space since the forming of the JV ?I'm sure Teck saw the signs of a weaking in all commodities and their share price reflected that with their stock hitting $4,being downgrade to junk status all the while obligated to continue funding FortHills plus cutting expenses to the bare bone. I was very surprised they actual did not just invest the minimum but more than they where obligated to.Maybe you can afford to buy a million dollar home and renovate it with a huge mortgage while being unemployed,that's basically where Teck found themselves the last four years. They have just started to make money in less than a year. Just shake my head with some of the comments on this board.

Share
New Message
Please login to post a reply