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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: Email to Mr. Gary Nagle, Glencore
HI Mr. Nagle:
 
I hope you are having a good summer.  Thank you for your prompt response to my previous message.  I wanted to forward to you Copper Fox Metals' newly-published investor slide deck.  I know that Mr. Stewart the Copper Fox President wants to monetize Schaft Creek which is a joint-venture between Copper Fox (25%) and Teck (75%).  Many of the Copper Fox retail investors think that our 25% would fit very nicely into Glencore's future copper resource planning given that Schaft Creek is a large advanced stage project.  In case you are not aware, Teck has a right of first offer on Copper Fox's 25% interest in Schaft Creek.  Certainly, an offer from Glencore would force Teck's hand one way or the other.   
 
I've been a retail investor with Copper Fox for 15 years and believe in this deposit and its near-term future as a mine.  I hope you will too! If I can organize an introduction to Mr. Stewart for you, I would be very pleased to do so.  
 
 
With kind regards, XXX

 

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