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: Reader caution timing
7
Dec 16, 2017 05:19PM

Interesting that they added the caution again.  Here's my take on what may have transpired:  Teck did finish the remodel/optimization work in the 2nd Q as they said and based on their in house work they made a lowball offer for SC.  This offer was rejected by EE, who essentially has the final say, and told ES that no way he was going to sellout at such a price.  ES was then forced to review the work done by Teck and disagreements over the work went back and forth b/n CUU and Teck. 

 

To settle the dispute a third independant party ( agreed to by both parties ) was hired to review it all and come up with their report - which would then be final.  So here we are waiting for the results of that.   Well, this is my speculation on what has happened and I add this is only my speculation.  Anybody else have any theories on this is welcome to post here. 

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