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: Copper Fox vs. QB2

Normally I reduce other deals to a straight $/lb and assumed you did as well for QB2. In order to avoid differences in % ownership( 30 vs 25) I would calculate a price per lb of 0.093 instead of 0.028 $/lb. Then I would apply to CUU's portion of the Schaft Creek numbers. That's the highest $/lb I've seen paid for a cu project. Note that it was paid to Teck and Teck has never paid that amount to a partner. That's why I want a third party involved with Teck acting as a partner willing to proceed with a project. In the end it will come down to what Elmer can negotiate. This is the best opportunity to close a deal in 6 years. First we need Teck to reveal a development plan along with the revised economics.

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