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: End of October
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Nov 24, 2020 06:17PM

You never learn your lesson. Here's another part of my post you left out " haggling over permission to reveal to third parties,   ". Here's a quote from the June 2020 press release " Copper Fox may, upon completion of the sizing and infrastructure alternatives study and its review and approval by the SCJV and securities and regulatory authorities, release key results and conclusions of the 2019 investigations.  ". Now we have an answer. Teck won't allow CUU to directly show the 2019 internal scoping study results to potential buyers even under a NDA. So CUU is forced to issue their own version on their dime.  Why no cost estimate or schedule for completion of the PEA? The PEA numbers will certainly be better than the FS numbers and they can use the work done by Teck to focus the changes in the update. Regardless of the improvements that will come out in the PEA there's still the fact that any potential buyer is going to ask where does SC fit in Teck's development plan. The uncertainty is still there.

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Nov 24, 2020 10:10PM
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