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 Brad129a's message

It would be nice if EE would fill everyone in on the asking price.

No kiddin'! The thing is that Ernesto's price is likely based on how big Schaft Creek could likely become. But this not 43-101 proven yet.

He's a near-Billionaire Accountant so you would think he's pretty good on his numbers.

The louder and louder sound Teck is hearing is the Tick Tocking of deferred SC profits the longer they play this game of chicken with a production decision. Eventually the allmighty dollar will dictate that they announce production first (doubt it) or raise their bid a little closer to Ernesto's price. If for example $500 M separates the bid and ask, keep in mind that this is about a year's worth of SC profits for Teck with their 75% stake. So Teck deferring a prodcution decision in order to "starve us out" can only last for so long before this strategy only starts hurting their own future growth plans, their own pocket book...

JMHO

Please login to post a reply
golfyeti
City
Rank
Vice President
Activity Points
15006
Rating
Your Rating
Date Joined
10/21/2011
Social Links
Private Message
Copper Fox Metals Inc.
Symbol
CUU
Exchange
TSX-V
Shares
439.1 million FD shares
Industry
Metals & Minerals
Create a Post