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: The good and the bad

about 11 years ago

in response to JohnnyAugust's message

This leaves tck the option to sell up to 25% to another party and still remain operator.

Great observation!

If I were to want to buy 25% of Schaft Creek, would I buy from Teck or Copper Fox? Copper Fox's 25% looks nicer with Teck's "free-ride" financing to production. No Financing Worries, like those plaguing the rest of the junior mining industry. No more dilution. Waaaay lower risk.

Let's get a realistic BFS with a few more drill holes (if a suitor requires it) and let the auction begin.

BTW: the first announcement on BNN stated that the anticipated TDP is 150,000 tons per day. Not the 130,000 in the far-too-conservative BFS.

JMHO