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: EE
EE
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Mar 19, 2020 01:24AM
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Mar 19, 2020 08:03AM
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Mar 19, 2020 11:35AM

Bostrin,

As I repeated many times this is my own personnal opinion.  I don't represent Teck at all.

We missed Teck's last run from 4$ to 40$ in 2015.  Now Teck has more data on Schaft Creek.

If Teck it's 4$, 200M in Teck shares could be worth 2B in 2-3 years... so why not use this depressed market to get out of our situation?

Do you prefer to wait that Teck hit's 40$ again to get 1B or possibly have a chance to get the equivalent of a 2B transaction?

Royalties would also have a nice value & cash would allow us to significantly advance the other projects to be ready for the next bullmarket.

MoneyK

 

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Mar 19, 2020 12:13PM
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Mar 19, 2020 01:07PM
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