RE:RE:FREE MONEY For every 5 FCO silver receive 1 copperOf course right now you "own" the shares for the copper property with FCO aswell, but the property itself needs financing and ton of work, if you take a look of the valuation from 2017.
That works costs a lot of money and usually FCO would have to pay that money, most likely raised by further stock dilution. Instead of doing this however, they are splitting Fabled Silver into Fabled Silver AND Fabled Copper and raise the money for the copper property via private placement, which exceeded the goal of 6 million dollars and raised 6.9 million. Though frankly, the copper property will need more money than 6.9 million, but that's a discussion for probably 2023 or so, because the exploration season in Canada is fairly short and it will take time for this to explore.
This way, FCO is not getting diluted further for the financing of the copper property and both properties can draw funds independently of each other, instead of being owned by only one company. Also, the copper shares given by the spinoff will be a non taxable event, which would not be the case if the property would still be in posession of FCO.
I understand why you have a problem with the word "free", but this is not a simple case of money being moved from left to right and this is definitely a very favorable outcome for the shareholders.