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: Teck slashes dividend...

over 9 years ago

in response to biggerbob's message

Does not make sense for Teck to buy a producing mine,that mine would not be profitable at these copper prices it's the only reason it would be up for sale...

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I think that is the point - buy a bargain property that isn't surviving at these prices. Be the vulture.

When the supply tightens and prices spike they are in a great position to ramp up copper production very quickly.

Prices have been low for a long time, when the economy turns shortages could appear quickly and there may be some opportunity there for companies with capacity available?