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: Copper Fox < Gold Fox
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Apr 06, 2020 04:49PM
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Apr 07, 2020 11:07PM
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Apr 08, 2020 02:00PM

I have been wondering about all these outcomes!

I think the best and most financially rewarding avenue is Copper Fox working with Teck to find a third party buyer like a Newmont who is actively looking for stable projects in North America. The JV companies being Teck/Copper Fox are a team to advance SC and extract the most value from a sale. Each partner sells 25% to new partner. I think this makes sense because this is how Teck operates with its large projects. They prefer a 50% interest and reduce capital costs. This scenerio is a win-win-win for all parties, including the new partner buying into a multi-decade mine with low costs and safe jurisdiction.

Now, whats interesting about the above scenerio, even though its the most ideal outcome....Teck is a large industry player with influence. They probably want to retain SC for themselves before selling any interest in the project. Teck will try to get us for cheap, but EE most likely not giving in to any Teck demands....once this delay passes, Teck has no choice but to work with us in selling the project to any major interested. This is where copper team management need to reach out to ALL majors in the industry and ask if they would like to buy Schaft Creek.

I dont see why majors would not want in on this asset in Canada. Gold up again. $1727 USD or $2416 CA

All IMO 

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