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: M&A in industry- Cardinal Resources

Ok, so if I get it right, a hedge funds that owns 1-2% of Teck is able to create a big movement to replace the CEO, but Sumitomo, that would own 25%-30% of several massive projects would not be able to make Teck move in the right direction?

If Copper Fox sells their 25% to a third party or another major willing to outweight Teck, this could lead Teck to lose control of the district if they have to sell over 25% to finance the construction.

I don't think Teck (Don L.) needs that right now.

MoneyK

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