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: Anonymous working very hard

If Teck and Foxy have come to some agreement on price, Teck may very well want this to run up.  That way, if they offer a 50% premium to share price it will be acceptable to Foxy and all shareholders on both sides.  I'm sure Teck knows Ernesto won't settle given the size of the deposit, the unexplored potential, the great jurisdiction, and of course the soaring price of copper.  If this runs up to a buck or so in the next couple of weeks my guess is that something is in the works, or has already been hashed out.  Would love to see 2 bucks for Schaft.

Share
New Message
Please login to post a reply