Re: End of October

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

MoneyK

Rank: Treasurer [?]

Points: 8357 [?]

Votes: 62 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: End of October

posted on Oct 30, 2020 11:41AM

So from what I understand about the Liard shares, Copper Fox would be entitled to receive 7.41% from the 30% in net proceeds?

Who owns the other shares? Private groups?

Does this mean that Teck would need to give up 30% of the net proceeds when in production? Seems a lot!