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: VIRC

over 11 years ago

in response to mahzman2's message

then that is their acknowlegement that the BFS is positive

It is positive at NPV 8%, but not at NPV 12% so it is not yet bankable as determined by the Agreement.

This means that theoretically Teck could refuse this feasibility document and ask that it be improved so that it is a positive feasibility at NPV 12%. That would take another year of drilling and dilution.

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