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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
Comment by Rudee.on Sep 26, 2011 1:16pm
236 Views
Post# 19084577

RE: TECK will not take 75%

RE: TECK will not take 75%Teck will absolutely NOT back into CUU due to 1) Their own financial situation (their own marketcap has dropped over 50% the past 8 months) 2) Timing. (double dip recession is approaching and Teck is not making any large purchases)You would be crazy if you actually thought Teck would drop $$$ into CUU after Teck has lost over 50% market cap the past 8 months, and with copper prices plummeting. Also, with a double-dip recession obviously going to happen, no way in heck is the Teck CEO Don Lindsay going to make the same mistake he made when he purchased Fording Coal before the recession in 2008. Timing could not be worse for a backin with CUU. Teck will NOT take 75%. Teck will pass on CUU, and that is a guarantee folks.
Bullboard Posts

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