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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: Wow with all thats going on
Good evening all-follow the money It's interesting to read all the comments and analysis of what CUU 's buyout price might be. I continue to remain hopeful of the ACTUAL MONETARY PRECEDENT( $3.6 billion) set sept/2010 with the buyout and bidding war for Andean Resources by Goldcorp over Eldorado. What is interesting is that Andean had approx 1/4 of the amount of gold and 1/3 the amount of silver(measured and indicated) as CUU with none of our copper credits. Andean WAS NOT a producer but was an explorer with great potential in Argentina just like our CUU in Canada. My question would be WHY would these 2 major mining companies (both with larger market caps than Teck) want to OVERPAY SUBSTANTIALLY for that resource? Why couldn't they or some other major miner(like Rio Tinto with a market cap of $125 billion plus) want to follow suit and pay $3.6billion for our CUU especially when we have 4 times the gold and 3 times the silver as Andean plus our 7 billion pounds copper and moly (not to mention all the potential that CUU has). That's if Teck doesn't want Schaft et al. And how likely is that? If Teck does want Schaft, wouldn't Ernesto be aware of the precedent set by the Andean deal and negotiate from that position? Doesn't CUU seem like a much better deal at $3.6billion versus the Andean deal for SOMEBODY? Glta longs. hka
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