…Artem Volynets, Chairman of ACG, in reference to my agora post “Globe article”, Last thing on Thursday night I clicked ‘send’ to my message; checked my phone on waking up the next morning and there was a reply. Amazing! Now, you can take the reply two ways: either Mr. Volynets is genuinely interested in following up on finding more about Copper Fox; or this is a brush-off but delivered with so much more kindness and tact than anything Teck is capable of. I have to admit the realist in me suggests the latter is more likely to be the correct assumption. Still…

I’ve posted below Mr. Volynet's reply first, followed by, for anyone interested in reading it, my initial message:

_ _ _ _ _ _ _ _ 

Hi Xxxxxx 

Many thanks for reaching out.  

Generally, we are only interested in producing assets, but will take a look at this.

Best regards

Artem 

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My message:

Subject: For the attention of ACG Chairman Artem Volynets

My apologies for sending this message to both contact email addresses on the ACG Corp website. There doesn’t seem to be a way of making contact with Mr. Volynets directly, and I’m hoping that one or other of the recipients would kindly forward my message to him.  I thank you in advance. [WMcN]

. . . . . . .

Dear Mr Volynets

Having very recently read an article in Toronto’s Globe and Mail (London mining company with Canadian connections… 24 September 2024), I see that you are considering plans to invest in Canadian companies with copper assets. 

If you’re solely interested in companies which are currently running copper mining operations in Canada please don’t bother to read any further as I don’t want to waste your time.

I am a retail investor who holds shares in Canadian junior explorer Copper Fox Metals. Again, if you’re already familiar with this company, there’s no reason for you to read further.

But if you aren’t… Copper Fox is a junior member in a joint venture with Canadian major Teck Resources in which, incidentally, I also hold shares. For some inexplicable reason, as a major partner in the joint venture, Teck does not seem to be in much of a hurry to satisfy the ever-growing need for copper by exploiting the potentially massive resource known as Schaft Creek, located in British Columbia. And Copper Fox, as junior joint venture member, doesn’t seem to have the means or the willingness to push for more alacrity on the part of Teck to push the project to production. Perhaps there’s something going on behind the scenes which I, along with many other long-suffering retail shareholders, know nothing about; who knows?

Perhaps you would be interested in taking over Copper Fox’s interest in Schaft Creek to become Teck’s partner? Failing that, you might even be interested in taking over the whole of Copper Fox Metals, given the company’s promising collection of copper-bearing properties in British Columbia and Nevada, all at various stages of development. A third option might be to invest solely in the Van Dyke property in Nevada, wholly owned by Copper Fox, and a close second to Schaft Creek in terms of readiness for an actual production decision.

You may well know about all this already. In which case, thank you for reading this far and thank you for your time. Here is the link to Copper Fox Metals website: https://copperfoxmetals.com

Sincerely,

[WmcN]