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: Copper - 120 Year Perspective
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Teck's pattern is to defer as much possible in the future and share the risk.

With the JV now putting royalties in the PEA, I would not be surprised to see a lower buyout (cash or shares) based on lower post-tax results, possibly milestone payments, with Teck replacing the value of Liard Shares by a NSR.

This is the only way Teck will pay less now, share the risk and that Copper Fox will not leave any money on the table for whatever happens at Schaft Creek.

IMO.

MoneyK

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