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: Teck's buy back plan
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Dec 05, 2020 09:52AM
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Dec 05, 2020 12:25PM
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Dec 05, 2020 12:34PM

Golf, 

This seems to be the plan actually! 

MK might be on the ball here. 

Copper Fox could create a spin-off company for all assets outside SC....hence leaving SC project as the only asset within current corporation. In any case a complete buyout would be possible (shares or cash or both). The "Copper Fox Metals" entity would then be gone once a deal is reached and closed. Current shareholders would then get free shares of new public company. Directors of Cuu seem to want Teck shares based on my past talks.

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