Plan "B"

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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Dogger 12

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Plan "B"

posted on Jul 23, 2013 12:02PM

I really hope what is going on with CUU...as in drilling and proving up more is not Elmers Plan "B"?

I would have expected more than just this....CUU shareholders have waited and waited and waited some more.

With Teck having 75% now I need to understand....who drills ....CUU or Teck?

If Teck drills, when will CUU get the results? Because before all this back in deal was struck, CUU drilled and got the results of the drills and were able to see the results first then give them to Teck and Teck had to give the OK for a NR.

Now it seems the tide might have switched.....CUU no longer has 100% interest in Shaft Creek....Teck owns the 75% and if Teck does the drilling then CUU has to ask for the drill results? For that matter does CUU have to beg Teck to put out a NR or can CUU put out a NR without Tecks approval now?