Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Metals & Mining Industrial Metals & Minerals
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

Copper Fox Metals Inc
Bullboard Posts
User Avatar Image
(0)
•••
Comment by johnnyauguston Sep 18, 2010 11:39am
468 Views
Post# 17464387

RE: 244$/share

RE: 244$/share
This seems to be the key point for me, as it is a win /win for Copper Fox. As long as Teck back's in they cover everything andCopper Fox just collects 23.35% of profit's... 



"In the event that Teck elects to exercise its back-in right toacquire 75% of the ultimate 100% Copper Fox interest in the Schaft CreekProject, it is expected to be responsible for securing financingfor Copper Fox’s portion as well as its own portion. Copper Fox wouldthen pay back its portion of the project debt out of project revenues.Under this scenario, Copper Fox is expected to own 23.35 % of therevenues generated by the project and is expected to pay its portion ofthe debt financing from revenue generated by production income from its23.35 % equity of Schaft Creek."
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities