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.

over 12 years ago

in response to bostrin's message

I read an article today about Ivanhoe and I think it shows how important our Teck agreement is.

http://online.wsj.com/article/SB10001424052970204059804577225512807094878.html

Last month, Rio Tinto increased its ownership in Ivanhoe to 51%, a stake that gives it effective control of the Canadian miner without having paid a premium to other shareholders—a move that Ivanhoe CEO and founder Mr. Friedland had fought to prevent.

So even if Teck backs in for 75%, CUU still has controlling interest. The big mining company would want control. If Teck wants Schaft Creek, they want it with control.