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: Stalling
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Jun 25, 2013 06:39AM

Seriously? This issue again? You say it's only deemed bankable under 5.5(b)(ii) but not 5.5(b)(i)...So? You did read it right?

The exact wording: "The report will be considered positive if it generates a positive NPV in either of the following two cases"

Hmmm...so it says either, and we're choosing one of them... and yet somehow we're being biased in following exactly what the contract says? Good grief. It doesn't take several years of law school or an etymology degree to know what either means.

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JV
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