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.
in response to Chappy726's message

I'm not sure I'm following the accounting here with the $1.9B: ..."Out of the 3Billion capex, it's costing Teck 75% = $2.25 Billion. Remove the 340million they spend to get 75% and the capex is down to $1.9 Billion."... Teck still would need to spend $2.25B no matter how you split it, no?

I said that because the requirement to earn 75% is to spend $340 million and they also have to finance. I see it has hitting two birds with 1 stone since the $340 is spent on building the mine and 75% of the $340 million is funding their own portion.

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cuuvette350
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10/21/2011
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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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