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: Re: IR Jason contract and implications

YM, I don't think that Jason's (possibly extended) commitment is decisive for a sale of CF's assets. Certainly not for the sale of SC. I still think that Teck and CF have already made agreements about how to value SC upon sale and also about the time of sale. We now have to wait for the results of the met-analysis and the SC2023 program. The “fair value” will probably be calculated based on these results. The previous SC PEA was, I think, the format for future valuation. Elmer indicated earlier this year we can expect a monetizing at the end of the year or early 2024. That is quite a statement and you should only make it if you have certainty about this. Elmer also indicated that if this strategy changes, this will be announced by a news release. Teck has been the future buyer of our 25%SC from the start and, in my opinion, the ROFO will never be used. The game only becomes interesting if a buyer presents himself for the entire company.

So, in my opinion, Jason's efforts have no influence whatsoever on the sale of SC. I believe Jason was hired to create exposure, increase SP, draw attention to assets other than SC and create stockvolume. Now a year later you cannot say that this was successful, on the contrary, see post YourNadir. And the Twitter account (X) also only has 600 followers worldwide after a year. That's not really successful either. The positive thing is that CF is trying to generate exposure and improve its communication with the market for the first time in its existence. Only the method is not yet successful. I try to stay positive, although that is not always easy after all these years.

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