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: Another week- no news
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Aug 16, 2021 11:56AM

"We would be at the same point or even behind.

IMO.

MoneyK"

Not even close.  Under the well-touted Salazar Agreement Teck was required to spend 4 times our $85,000,000 invested in order to EARN the 75%.  $340 Million of skin in the game changes what kind of games you play....
Copper Fox would retain operatorship until Teck spent 40% of the required development cost.  That means Copper Fox would have controlled the spending of the first $136,000,000 on Schaft Creek, you know, towards REAL venturing and REAL value surfacing.   

Teck hasn't spent even a minuscule fraction of that in their decade's-long efforts to obfuscate Schaft Creek's REAL value.

My apologies for yelling the word 'REAL'.  Its just my effort to highlight that it is a series of lies vs truth about our true value that blocks justice for Copper Fox shareholders.

Release the REAL numbers FFS!!  

JMHO

 

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