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%)

Free
Message: Buyout /Production Decision Negotiations Folks

I agree.  IMHO, it doesn't take 4 years to do an update of the RE regardless of the economic situation.  Other juniors have drilled, updated and produced a PEA within that timeframe.  Why is this taking so long for us?  If Teck is stalling then they are not acting in good faith to their agreement. 

The question is what can we do about this?  Is there a legal remedy for us ( management ) to persue?  Any legal experts here willing to comment?  If Teck is not willing to pony up to acquire us then they should get of the pot, let us have the update so that we can shop around for a buyer willing to pony up.   Its not fair for them to drag this on hoping to get their way and price.

Share
New Message
Please login to post a reply