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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Message: Don Lindsay stepping down -- It's a beautiful day!

Finally, the Teck board sees through this poser.  The Board uninamously approves the appointment of real 'mining finance' and 'mining operations' heavy-weights to its leadership.  These guys are true copper-mining veterans, with no doubt much more objective views. 

This is glorious news for us.  

QB2 has been a constant cost-overrun nightmare from the start, now with projected capex at US $6,750,000,000, and still rising.   And... its in Chile!

Schaft Creek has a just-as-promising LOM potential imo, and more importantly it already has way more profitable and way more predictable economics!  SC Capex projection is now US $2,600,000,000... and dropping.  Less than a third of the cost of QB.  Schaft Creek is environmentally benign and in a community-friendly and politically-safe mining jurisdiction, Canada !   

Sanctioning Schaft Creek will be a no-brainer for these no-nonsense industry veterans.

JMHO

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