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: The unfortunate conclusion

There won't be a near term buyout.

The next likely window is now late 2023 at minimum imo!

The rationale-

Our insiders are clearly waiting for all project enhancements data! This internal "fair value" exit price includes all this information! Drilling assays was part 1 :/

metal recoveries part 2

Pre-construction timeline part 3

Geotech & more resource certainty part 4

Elmer is also eagerly awaiting the 2023 Teck program....the fact the meta study hasn't started yet....and projected 4-6 months to complete, by the time it starts and finishes, the 2023 program is near completion. Might as well stay right? See that data too since it's so close. Funny that part 2, 3, and 4 coincide in the same year essentially!

So Elmer will state, well we waited this long anyways, might as well see the 2023 data since we needed the meta study finished. The meta study and the 2023 program are very much tied together with a timeline to finish basically the same. Teck/Copper Fox put cameras at SC now to monitor snow, they clearly want to start the 2023 program asap, probably to coincide with the meta study completion date and all 4 data points!

This was clearly their path and the delay games resulted in this outcome. It is very obvious now. Teck bought themselves another year to defer payment to us. 

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Feb 03, 2023 11:52AM
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