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Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Copper Fox Metals Inc. is a Canadian resource company focused on copper exploration and development in Canada and the United States. The principal assets of the Company and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. Its other projects include the Eaglehead Project, the Sombrero Butte Project, and the Mineral Mountain project. Eaglehead is an advanced exploration stage polymetallic porphyry copper project located about 50 kilometers (km) east of Dease Lake in the Liard Mining District, British Columbia, within Tahltan territory. Sombrero Butte is a Laramide age, exploration stage, porphyry copper project located in the Bunker Hill Mining District.


TSXV:CUU - Post by User

Bullboard Posts
Post by WATERDANCERon Jul 30, 2007 3:17pm
465 Views
Post# 13172463

DEBT

DEBTOF THAT APPROX. 840 MILLION IN DEBT ..CUU SHOULD ONLY BE RESPONSIBLE FOR 25% OR 210 MILLION .. BASED ON THIER 25% INTEREST .. THE OTHER 630 MILLION SHOULD COME OUT OF TECHS 75% INTEREST. --- AT LEAST THATS THE WAY I INTERPET IT. I MUST SAY .. THIS ARRANGEMENT BETWEEN TECK AND CUU SURE IS CAUSING A LOT OF MISSUNDERSTANDING.. WAY BACK I WAS TELLING PEOPLE ABOUT CUU .. AND WHEN THEY READ THE AGREEMENT .. THEY BACKED AWAY FAST AND I STILL THINK THIS IS ONE OF THE REASONS THAT THE SHARE PRICE IS SO LOW--- MAY BE MANAEMENT SHOULD TAKE A LITTLE TIME A SPELL THIS OUT SO EVERYONE GETS IT
Bullboard Posts