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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The Copper Fox 2021 PEA used the previous metallurgical studies with the most recent done in 2015 by the JV. That PEA recommended more metallurgical needed to be done but it's not relevant to what's happening. Teck is not initiating the PFS this year, they are spending the least amount of money on SC among all of the satellite properties and the current schedule calls for a SC production decision no sooner than 20 years after the JV was signed. I had assumed the purpose of the 2021 PEA was to publish a NI43-101 document that supports a higher price valuation than the 2013 FS, bundle it with the announcement of a PFS project initiation and then use it to start a sale process. Did they not talk to Teck about the development plan for SC before spending the money on a PEA? I'm looking for something to justify buying back in but don't see it yet. Drilling the MM project would have done it but that's not happening this year either.

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