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: Glencore willing to go hostile on Teck if they don’t engage!
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What's the point of Glencore taking CUU out? SC is still under the operator of Teck.  Glencore will be the minority partner and end up parking their shares or cash capital in a project where Teck controls its destiny.

 

Right now, Teck wants to finance their copper growth with their coal business.  Glencore wants both but they really need to up their offer of 25%/75% deal.  Just QB2 coming online will bring in more ebitda showing Teck shareholders how undervalue Glencore deal is.

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