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: TIME FOR A NEW STRATEGY

I understand what we are sitting on, that's why I have a fair amount of shares, but as of now, extrapolating a buyout price based on ressource that was not even proven is putting the bar way too high.  As I said, Teck could pay us fair value, 500M to 800M, for 25% of Schaft Creek and we keep royalties for the upside or explorating rights.  There's no benefit for us to wait any further unless they can significantly increase value going forward.  Both parties agreed that 133kpt was the preferred option.  Let's not extrapolate on what Teck could do afterwards.  It's pointless.  In the meantime, if you find a copper project that sold at NPV5%, let me know.

MoneyK

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