Re: Moly

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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drent

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Re: Moly

in response to

Re: Moly

MoneyK

posted on Mar 21, 2021 12:29PM

sorry for being unclear, I am not questioning Copper Fox's intention to sell but why would Teck allow the price between Copper Fox and themselves increase unbridled due to the huge external upward pressures of price on the commodities/PM that SC offers? Surely the negotiations between Teck and CF are aware of these pressures, Teck can't be that stupid, that each day they delay an announcement on a sale increases the sale price considerably!