Re: Galore and Schaft Creek, the bigger picture

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

endoftime

Rank: Treasurer [?]

Points: 310 [?]

Votes: 43 Score: 2.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Galore and Schaft Creek, the bigger picture

in response to

Galore and Schaft Creek, the bigger picture

FFoxxie

posted on Sep 22, 2021 07:15AM

I think it may really be a smaller picture cause Elmer now says ( AGM) he is not going to monetize untill Teck does more drilling,. Now he is stating he didn't get the drill spacing and step outs right and now has to rely on a potential buyer to take the chance on proving up the resource.

I am hoping that the intest in copper will prompt other companies to do their own analysis , obviously Teck hasn't budged but there may be other ways at looking at this massive resource.

It is time we had a CEO that promotes the company ,not someone producing very late and very conservative PEA's.

I'd be happy if the SC portion was sold for CUU's price of 50¢ (plus a bit) but now Elmer has stated he's not going to do that. What's he going to say next.