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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: Copper up huge!
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Feb 03, 2022 03:09AM

So I'm convinced Ernesto will sell SC but for a fair price as they say. But what's a fair price? 

There is no better way to determine a fair price than to conduct a world wide auction.  Anyone know what our fancy new CFO is doing for us?  Doesn't seem like much - he doesn't even list Copper Fox as an employer on his resume.

IMO, developing a relationship and fomenting excitement over this opportunity with each top-tier and mid-tier mining major is what he should be doing, if we are ever going to trigger a successful ROFO. 

Contacting these majors only after delivering the ROFO to Teck will not work in my opinion.  The 6 month window is too short on time to shop the project around and get commitments from majors.  That work has to be done in advance.  I somehow doubt it is being done.

Someone queue the crickets soundtrack.

 

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