Re: Information sheet at TECK's booth at AME Roundup 2020 in Vancouver

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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MoneyK

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Re: Information sheet at TECK's booth at AME Roundup 2020 in Vancouver

posted on Feb 20, 2020 11:22AM

Sibiu,

I agree, they defined options, but if there's 20 options available and they all have the potential to maximize the final value based on further investigations, which one shall be used to determine our value immediately?

One would think that they could agree on something internally, but not sure they would be able to come out with a 43-101 document or anything at this time.

Anyways, I think the plan still remains and never really expected us to see a 43-101 before Teck takes a production decision and at that point, I still think we will be long gone!