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: not sure

almost 9 years ago

in response to Zacster's message

Quick one for the board!

I know that Ernesto has the last word, but who would accept 1 tck.b share for every 10 cuu share (shaft creek only) if the tck.b share goes back to 3.50$?

Tck.b share = 3.50$

cuu share = 0.12$

This would equal to approx. 300% premium for us and more patience for sure, but when the market recuperates, we would be in for a great profit!

For Teck, they would put their hands on 100% of the Shaft Creek project for around 140 millions, which would be a steal. They could resell a portion of the project to a partner and the 7% dilution to the shareholders does not seem that terrible.

MoneyK