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%)

Free
Message: According to Don….”The history of Teck is 80% of the mines we have been involved with, have been partnerships”

According to Don….”The history of Teck is 80% of the mines we have been involved with, have been partnerships”

posted on May 18, 2022 10:40AM

Don stated they prefer partnerships! That's their corporate strategy. Reduce risk, less exposure to costs. Free rides....essentially.

That is why they want us out- the carried to production clause in SC hurts Don badly (opposite of their strategy where Teck's chosen partner use their cash to build). That's our huge leverage plus the RoFO!

SC will likely involve a 3rd party like Newmont, Newcrest, barrick, etc.

Share
New Message
Please login to post a reply