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: Teck Rumour- project sale potential

IMO, they employ this strategy because they want to secure as much ressource as possible, while keeping control of the project.

They could not afford to finance 100% of all their projects and would need to let some go.  At least this way, they can diversify and share the risk.

MoneyK

Share
New Message
Please login to post a reply