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%)

Free
Message: Teck's slide presentation for tomorrow's Scotiabank Conference

MoneyK,

This is big.  This is really big.

Slide 33 officially puts Schaft Creek as a Development Project on TECK's agenda.

This is an official presentation by the CEO of the firm, how much more official can you get?

!!!

And not just that, it ranks Schaft Creek now as # 3 Development Project in their copper plan.

Wow.  Number Three after Galore Creek that is going nowhere and with less value in metals than Schaft Creek.  Wow.

Do you get that, MoneyK?

In the 2013 Schaft Creek Joint Venture contract between CUU and TECK, TECK agreed to pay CUU $ 20 M when Schaft Creek becomes a development project.  This is it!

If I can find my copy, I will double-check the fine prints but that was the actual deal.

Time to get back in!

;o)

Have a wonderful sleep, MoneyK...

Share
New Message
Please login to post a reply