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: Teck report has nothing new to say
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Hmm. NOVAGOLD could only get $275 million for 50% of Galore despite the coming "copper deficit."

I realize Schaft Creek is the superior project in several respects, but we hold 25%. I'm also aware that Ernesto will make the final call on the price tag.

Schaft Creek buyout estimates that I recall from CUU longs ranged from about $800 million to $1.5 billion. I've always been hopeful that we could come close to $1 billion. Hard to remain optimistic about that these days, however.

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