Copper Fox Metals Inc.

The main reason was teh transfer of teh Liard I am sorry Vette but I don’t agree with this. You make it sound like they don’t want us at all.

I'm not saying they don't want us, I'm saying they don't want the Feasibility out, and will buy us out before.

The main reason is the transfer of control upon Feasibility

And the secondary reasons are all very valid.

Attracting competitors = bidding war

Force back in = Forced to pick (20%, 40%, 75%) under 120 days

Start spending expenditure money (300 million +): See prospecks post

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/525144-indirect-holding-is-the-key/messages/1663107#message

They must spend every penny before they can earn their interest back, they have no control during that period.

Finance CUU 100% until production is on.

They must bring us to production in under 4 years, I don't care if Elmer told you they can extend it, CUU could also decide not to extend it.

Did you see Teck helping CUU out in 2009 before Ernesto rescued us...NO. This is business.