Oh HI EVERYONE!!! I hope EVERYONE is havin the BEST day!!!!
Wowserz!!!! Copper fox metals inc is goin to write a NEW PEA on there own dime...after Teck has spent the last 7 yearz on STUDIES and stuff...
That tellz me that Teck is indicating they are NOT about to make $20 MILLION Production decision any any time soon. B/C you wouldnt need PEA with a production decsion would you huh???
FS in 2012/13 and here we are going BACK in time to start a PEA in late 2020...on Copper fox metals dime.
Just like Tecks FRONTIER tar sand project.... They waitd till AFTER they got permits in hand to go ahead to make a NON Production decison. Smart b/c we have pandemic and collapsed oil prices and pipe problemz. They got all the hurdles worked thru and THEN decided if it makes sense to start writing checks for BILLLIONs.
I see the SAME for Schaft Creek. Teck has other mines in the capitol plan for the next ...5 yearz??? QB2 and now QB3 and so on. Schaft Creek shows up as a SATOLLITE in the Sedar docs and we see it unwritten in the Copper fox metals inc press releases.
Keep in mind... they dont even have a APPLICATION to get a mine going at Schaft Creek. All canceled close after the first year of SCJV.
I think Teck has shown Copper fox metalz they do NOT have plans for PRODUCTION DECISION and the lack of spending at Schaft Creek for last 7 yearz is saying that to us.
Soo....Copperfox metals needz to pay and publish itz own paper to try and try to put a price on the POTENTIAL and get big majorz to snap it up and wait on Teck PRODUCTION DECISION over the coming decades.
That pointz me to thinkin an thinkin that the BUYOUT is not gonna be a payout dollar for dollar on the NPV stuff... Big ol discount I think huh??? That pesky Teck PRODUCTION DECISION.!!!!!
Ya...go to Agoracom and listen to the honey flowing outa MoneyK and the gang...Then ask if that REALLY makes any sense...and if Copper fox metals inc can sell a 25% interest in a mine that someone else has no plans on building...
That is what I see any wayz I dunno...
Have the BEST day EVERYONE!!!! ^_^