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.

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Re: Quadra FNX takeover

almost 13 years ago

in response to Orcinus's message

It's the Teck Back in option agreement that makes CUU so hard to value.

Without knowing how much Teck is going to back in for, it's unclear on how much CUU is worth. The reason is that 25%/50%/75% forces Teck to act and invest in SC differently.

If it's 75%, Teck has to not only spend 4x CUU's expenditures, they have to arrange financing and construction of the mine. CUU would just sit there with a 25% interest in a $3 Billion dollar mine.