Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: Why does everyone expect a buyout of the company?

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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Why does everyone expect a buyout of the company?

oooga

Jul 01, 2020 10:11AM

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Re: Why does everyone expect a buyout of the company?

in response to

Why does everyone expect a buyout of the company?

oooga

posted on Jul 01, 2020 10:27AM

Who knows, maybe Teck is looking for a good pipeline of new projects! Most of our properties have the potential to be tier-1 assets and worth more than our 25% of Schaft Creek.

I would much prefer Copper Fox selling Schaft Creek only and drilling the rest before they are sold, as they could be multi-billion ton deposits!