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: So much for those who say CUU always sells off on news....not so

Thanks for the correction - its 2.5 million then. Better than 1 for sure.

If I remember correctly, the JV does have some stipulation about minimum annual spend. I don't know what the minimum spend is. So technically thay can't shelve the billion dollar project, but they can wait till it suits them as long as they keep up with this requirement?

Like I said before, I could be suprised and see a production decision this fall.

So many posts talk like it is a sure thing this is getting built, but I don't think it is certain (at least in the near term).

One poster posted "when we see this project monetized", where I think it would be more realistic to say IF we see this project monetized.

If this was a sure thing to be a mine, I think our SP would be many multiples of what it is now.

Just my opinion, nothing more...

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