Copper Fox Metals Inc.

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia.

Maybe Ive misread this but I dont think so, anyone speak legalese so they can confirm this?

According to the Shaft Creek option on the website, it says that Copper Fox can;

Further acquire Teck Cominco's 'Indirect Holding' (defined as an indirect 23.4% carried interest through its 78% shareholding in Liard Copper Mines Ltd. who hold a 30% carried interest in the property) by incurring the above described $5,000,000 in expenditures and completing and delivering to Teck Cominco a positive bankable feasibility study.

What if Teck decided to act quicker than the BFS so as to keep their interest in Liard rather than giving us 78%?

Gives us a bit more bargaining power and a small boost the SP Im sure...also puts time pressure on Teck to act before the BFS.

Maybe itll be an ultra merry Christmas this year.....

Rogue,

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RogueWolf
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Vice President
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1349
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Date Joined
11/19/2011
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Copper Fox Metals Inc.
Symbol
CUU
Exchange
TSX-V
Shares
439.1 million FD shares
Industry
Metals & Minerals
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