http://www.marketwired.com/press-release/copper-fox-announces-update-on-schaft-creek-project-tsx-venture-cuu-1960364.htm
Considering we are a 25% JV partner in this, it feels for like a 5% partner. Have they ever heard of "Plan the Plan" and "Communicating the Plan"? There needs to be a NR put out with CLEAR DIRECTIONS on what is to be done before now and the liquidation event. That will at least put a positive spin on CUU and bring some faith back into management.
Key highlights I took from this are:
Mr. Stewart, President of Copper Fox stated, "We are pleased with the progress of the Joint Venture at Schaft Creek. Some of the work currently underway is time consuming and detailed in nature. More time is required to complete this work which may result in the need to collect additional information to finalize the optimization work. The advanced stage of the project and the decisions to be made require that the Joint Venture address key risks related to the Schaft Creek project. The location of a new zone of mineralization is encouraging and supports our interpretation of the potential to locate additional zones of mineralization north of the Discovery zone."
The work completed during the balance of the year and any recommendations for 2015 activities will be reported on when they become available.
