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: Today's recap

I would think the optimization would also have to be released to Teck shareholders as it concerns them. I also think that any deal with anyone, whether it be Teck or one of their competetors for our roughly 25% share hinges completely on Teck deciding if this is going to be a mine or not. To me it seems they are dragging their feet and since they are the majority shareholder, I guess that's their right. It's really frustrating for sure and the only reason I'm still here is in anticipation of a positive announcement by Teck. I would like to see that this year or at least a plan to start something for the spring of 2016 but if we don't hear some sort of positive decision from Teck, I don't see how we can expect an offer from anyone and even a 50% premium on 15 cents sure doesn't mean much too me. A positive decision from Teck would move us up tremendously though and what's the point of selling for a bag of peanuts right now? If for some reason Teck doesn't proceed I think they would also have to announce that as their shareholders would probably want to know why they spent the money and walked away. I'm betting that isn't going to happen but I sure would like to hear it from Teck.

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