Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: Another neighbouring project gets bought out!

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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Another neighbouring project gets bought out!

youngmoney

Nov 09, 2021 10:02AM

kinte

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Re: Another neighbouring project gets bought out!

in response to

Another neighbouring project gets bought out!

youngmoney

posted on Nov 09, 2021 10:14AM

"The agreement between the companies includes a $125-million break fee that Pretium would be required to pay Newcrest if it breaks away in favour of another deal."

Dont recall seeing such a clause before, although I'm no expert. Indicates a hot market to me...

10 Recommendations

Re: Another neighbouring project gets bought out!

remedy

Nov 09, 2021 10:28AM

Re: Another neighbouring project gets bought out!

MoneyK

Nov 09, 2021 11:23AM

Re: Another neighbouring project gets bought out!

golfyeti

Nov 09, 2021 11:42AM

Re: Another neighbouring project gets bought out!