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 News release
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Jun 21, 2020 02:58PM

I always stated, the best outcome for copper fox is to work with Teck to each sell 25% to a third party major.

Create a new JV agreement with 50-50 ownership. Teck has done this arrangement in past transactions. This approach gets us maximum payout.

The new development partner would pay 2 billion for 50% interest!

1 billion to copper fox (25%)

1 billion to Teck (25%)

Newmont would be a prime candidate.

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Jun 21, 2020 04:55PM
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Jun 21, 2020 07:17PM
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