Copper Fox Metals. Kupfer-Gold-Molybdän-Silber
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interessant
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witzig
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gut analysiert
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informativ
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Hallo Freunde,
mein Depot hat den Foxtrott 
Diiiiieeee grosse News wird die BFS sein (hat nichts mit dem Rinderwahnsinn zu tun 
) sondern ist die Bank Feasibility Studie.
Diese erlaubt Banken (oder anderen Geldgebern) die Wirtschaftlichkeit des Projektes zu beurteilen. Da die Resourcen noch dauernd zunehmen (siehe heute) steigt wohl der Preis dauernd.
Wenn diese BSFS draussen ist hat TECK eine gewisse Anzahl Tage Zeit zu entscheiden, ob sie CUU übernehmen wollen.
jedenfalls müssen sie rund das 4-fache der bisherigen Totalkosten übernehmen.
Auch wenn Teck nicht übernehmen sollte, sie die Aussichten möglicherweise noch besser (China, India ???)
Alle Details prominent auf der HP
http://www.copperfoxmetals.com/s/Home.asp
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wie es letztlich endet ist wohl auch eher egal.. es wird auf jeden fall sehr gut :)
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Nächster Schritt ist die Erstellung der oben genannten Studie.
Nach Veröffentlichung der Studienergebnisse hat Teck Res. 120 Tage Zeit um evtl. eine Rückkaufsoption für einen Teil der Lagerstätte zu ziehen.
Spekuliert wird auch darüber, dass Teck die Lagerstätte komplett übernimmt und die Aktionäre "herauskauft".
Langsam wird es interessant.
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Die Liste der Unternehmen, die nach dem Veranstalter (der größten Minenkonferenz der Welt) einen 'Mining Milestones' erreicht haben, wurde diese Woche live von der PDAC publiziert. Gutes Coverage für Copper Fox
PDAC 2012 - Mining Milestones in March
PDAC 2012, the world's largest mining convention, is in full swing in Toronto.
After two days of meetings we're pleased to present a list of the upcoming mining milestones in March from a number of companies. Or shall we say, March/early April as prefaced by many of the executives in attendance at this year's convention. In alphabetical order, here's what we discovered.
AuRico Gold Inc. (Stock Profile - TSX:AUQ) reported they are ready to "pour the first gold" from the company's Young-Davidson mine in northern Ontario towards the end of this month or early April.
Balmoral Resources Ltd. (Stock Profile - TSXV:BAR) has completed drilling on its gold project in Northern Quebec and expects to release the results from 45 holes throughout March and early April.
Copper Fox Metals Inc. (Stock Profile - TSXV:CUU) is set to release its long awaited Feasibility Study in late March/early April.
Eastmain Resources Inc. (Stock Profile - TSX:ER) has budgeted $10 million and will commence a 50,000 meter drill program in March for their Clearwater gold project in James Bay.
Encanto Potash Corp. (Stock Profile - TSXV: EPO) is finishing off an updated 43-101 Resource Report which is set for release in late March or early April.
Formation Metals Inc. (Stock Profile - TSX:FCO) expects to secure its $80 million credit facility this month. Management stated this is the last round of capital required to complete the development of its highgrade cobalt mine and reach production.
Goldgroup Mining Inc. (Stock Profile - TSX:GGA) is set to release a Preliminary Economic Assessment this month. Goldgroup is developing three gold projects in Mexico.
Orbite Aluminae Inc. (Stock Profile - TSX;ORT) has been halted by the AMF as the Quebec regulators have asked for more details regarding the comapany's Preliminary Economic Assessment Technical Report. Compliance was not anticipated within this month.
Pele Mountain Resources Inc. (Stock Profile - TSXV:GEM) is finishing off their Preliminary Economic Assessment Report for the company's flagship Eco Ridge rare earth/uranium project in Ontario.
Peregrine Diamonds Ltd. (Stock Profile - TSX:PGD) is initiating an exploration drilling program on its Lac De Gras diamond project - a collection of 79 mineral claims northeast of Yellowknife.
SilverCrest Mines Inc. (Stock Profile - TSXV:SVL) is set to release phase II drill results (80 holes) for the La Joya project towards the end of March.
Vista Gold Corp. (Stock Profile - TSX:VGZ) expects to release a Feasibility Study for its Mount Todd gold project in Australia prior to the end of March.
Volta Resources Inc. (Stock Profile - TSX:VTR) is working on a 43-101 Resource Update for release this month which is expected to convert previously reported Inferred Resources to Indicated Resources.
Ur-Energy Inc. (Stock Profile - TSX:URE) anticipates that a 43-101 Resource Estimate will be ready in 6 to 8 weeks which will include the company's 2012 property additions at Lost Creek.
Quelle: http://www.miningfeeds.com/2012/03/05/...-mining-milestones-in-march/
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wurde heute so schwach, dass es einen Trading halt gab.
Ursache:
It is now expected that completion of the Feasibility study will be delayed until mid-late summer, 2012.
http://www.copperfoxmetals.com/i/pdf/2012-03-19_NR.pdf
habe heute tatsächlich 6k reingenommen zu 1.22
(dies nur, weil mein älterer Order zu 0.95 nie erfüllt wurde)
heute hätte es ev. gar gereicht.
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Copper Fox Completes Land Acquisitions Covering Positive Magnetic Lineament at Schaft Creek Property
________________________________________
View News Release in PDF Format
Vancouver, British Columbia -- March 27, 2012 -- Mr. Elmer Stewart, President and CEO of Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) announced the acquisition of two groups of mineral tenures. One group is located adjacent the Schaft Creek project and the second group is located in the Mess Creek area. Mr. Stewart stated "the purpose for the acquisition of these mineral claims is to provide additional coverage of the interpreted extension of the Schaft Creek mineral trend and its associated positive magnetic feature. The second group of claims expands the Company's acreage in this important mining district and road access".
Highlights:
a.§Group one -- (Marko/Mott) Approximately 4,741 hectares (24 mineral tenures) contiguous to the north and south of the Schaft Creek project have been acquired. These mineral tenures cover the extension of the positive magnetic lineament outlined in 2011 that show a strong correlation to the Schaft Creek deposit and two other zones of copper-gold-molybdenum-silver mineralization exposed on surface. These mineral tenures are subject to the Option Agreement with Teck Resources Limited ("Teck"), and
b.§Group two -- (Ruzo) Approximately 700 hectares (2 mineral tenures) in the Mess Creek area. These mineral tenures are not subject to the Option Agreement with Teck.
Rationale for the Mineral Tenure Acquisitions:
To view the location of the interpreted Schaft Creek Mineral Trend, visit the Copper Fox website at www.copperfoxmetalsinc.com.
The Marko/Mott mineral claims are located along strike of the interpreted Schaft Creek Mineral Trend and the positive magnetic lineament located by the high resolution airborne magnetic survey completed by Copper Fox earlier in 2011. The historical exploration data on both groups of land packages shows the presence of elevated concentrations of copper both in soil and in rock samples. The work completed by Copper Fox in 2011 suggests that the positive magnetic feature may represent the main structure that controls the location of the mineralization within the Schaft Creek project.
Mineral Tenure Acquisitions:
Details of the transactions are provided below and the Purchase Agreements will be filed on SEDAR.
Marko/Mott Acquisition:
The two mineral claim blocks (consisting of 24 mineral tenures totaling 4,741.55 hectares) from Randy Marko and Paul Mott ("Marko/Mott") are contiguous to the Company's Schaft Creek project. Consideration paid by Copper Fox was $25,000 cash and a 2% net smelter return (NSR) royalty on the mineral claims subject to a "Partial NSR Buyout Option". The Partial NSR Buyout Option allows Copper Fox at any time to purchase half of the NSR for a cash payment of $1.0 million such that the NSR is reduced from 2% to 1%.
Ruzo Acquisition:
The two mineral tenures totaling 700.52 hectares located east of the Mess Creek mineral claims held by Copper Fox were purchased from V. Ruzo. These mineral tenures are not subject to the Option Agreement with Teck. Consideration paid by Copper Fox was $7,000 cash and a 1% net smelter return (NSR) royalty on the mineral tenures. The NSR Buyout Option allows Copper Fox at any time to purchase the NSR for a cash payment of $0.25 million.
Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Corporation's nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.
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http://www.stockhouse.com/Bullboards/...&r=0&s=CUU&t=LIST
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10 BILLION POUNDS COPPER
661,5 MILLION POUNDS MOLY
10.6 MILLION OZ GOLD
98.3 MILLION OZ SILVER
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News Release
Friday, June 01, 2012
Copper Fox Announces Webcast Conference Call On June 5, 2012 At 12:00pm EST
________________________________________
View News Release in PDF Format
Vancouver, British Columbia - June 1, 2012. ("Copper Fox" or the "Company") (TSX-V: CUU) Mr. Elmer B. Stewart, President and Chief Executive Officer, Mr. J. Michael Smith, Executive Vice President and Ms. Cathie Henderson, Chief Financial Officer invite you to participate in a webcast/conference call on Tuesday June 5, 2012 at 12:00 pm Eastern (9:00 am PST) to discuss the recently announced resource estimate for the Schaft Creek copper-gold-molybdenum-silver deposit located in northwest British Columbia, Canada.
To access the webcast, which includes a slide presentation, please follow:
http://event.on24.com/...1078&s=1&k=ECF7ADDDF630AA2CF…
Participants will require Windows MediaPlayerTM. Please note that this is listen only mode.
To participate in the conference call please dial 888-231-8191 , or locally in Toronto 647-427-7450 . To ensure your participation, please call in approximately ten minutes prior to the scheduled start of the call.
The webcast will be archived and can be accessed on the Copper Fox Metals web site www.copperfoxmetals.com or on the CNW Group web site www.newswire.ca
About Copper Fox
Copper Fox is a Canadian-based resource development company listed on the TSX-Venture Exchange (TSX-V:CUU) with a corporate office in Calgary and an operations office in Vancouver and is involved in the exploration and development of the Schaft Creek copper-gold-molybdenum-silver deposit located in northwest British Columbia, Canada.
The Company is working on completing a feasibility study on the Schaft Creek Mineral Deposit, one of the largest undeveloped copper, gold, molybdenum and silver deposits in North America. The feasibility study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine and is expected to be completed mid-late summer, 2012.
Copper Fox holds title and a 100% working interest in the Schaft Creek project consisting of 44,265.52 hectares (109,382 acres). Included in this total are the "Schedule A" mineral tenures 8,334.34 hectares (20,594 acres) originally conveyed to Copper Fox pursuant to the 2002 Option Agreement. The "Schedule A" mineral tenures are subject to a 3.5% Net Profits Interest held by Royal Gold, Inc., a 30% carried Net Proceeds Interest held by Liard Copper Mines Limited ("Liard") and an earn back option held by Teck Resources Limited ("Teck"). On completion of the feasibility study, Copper Fox will earn Teck's 78% interest in Liard. Teck's earn back option to acquire either, 20%, 40% or 75%, of Copper Fox's interest in the Schaft Creek property is triggered upon delivery of a positive feasibility study to Teck. Should Teck elect to exercise its option for 75%, they are required to fund subsequent property expenditures up to a total of 400% of those incurred by Copper Fox ($75.9 million to January 31, 2012) and arrange for project financing, including the Copper Fox portion. For full details of the Teck earn back option please refer to the Company's website www.copperfoxmetals.com.
The remainder of the mineral tenures totaling 35,931.18 hectares (88,788 acres) has been obtained by Copper Fox through mineral tenure acquisitions and mineral tenure purchase agreements. Some of these mineral tenures are subject to inclusion within the Schaft Creek project under the terms of the Area of Interest provisions of the Option Agreement.
*United States investors are advised that current Mineral Resources are not current Mineral Reserves and do not have demonstrated economic viability. All figures are rounded to reflect the relative accuracy of the estimate and in keeping with "best practice principles".
For additional information contact: Investor line 1-866-913-1910 or J. Michael Smith, EVP, at 1-604-689-5080
On behalf of the Board of Directors
Elmer B. Stewart
President and Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include statements about the completion of the feasibility study for the Schaft Creek project.
In connection with the forward-looking information contained in this news release, Copper Fox has made numerous assumptions, regarding, among other things: the geological, metallurgical, engineering, financial and economic advice that Copper Fox has received is reliable, and is based upon practices and methodologies which are consistent with industry standards; and the continued financing of the Feasibility Study; and the anticipated analytical results of the current drilling program. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: the actual mineralization in the Schaft Creek deposit may not be as favorable as suggested by the updated resource estimate; the NI 43-101 report related to the updated resource estimate may not be filed within the anticipated timeframe, or at all; the updated resource estimates may not be included in the feasibility study; the feasibility study may not be completed within the contemplated time frame, or at all; the possibility that future drilling on the Schaft Creek project may not occur on a timely basis, or at all; fluctuations in copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, and estimated economic return; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals
A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
You can also view this News Release on our website at:
http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=5…
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News Release
Friday, June 01, 2012
Copper Fox Announces Webcast Conference Call On June 5, 2012 At 12:00pm EST
________________________________________
View News Release in PDF Format
Vancouver, British Columbia - June 1, 2012. ("Copper Fox" or the "Company") (TSX-V: CUU) Mr. Elmer B. Stewart, President and Chief Executive Officer, Mr. J. Michael Smith, Executive Vice President and Ms. Cathie Henderson, Chief Financial Officer invite you to participate in a webcast/conference call on Tuesday June 5, 2012 at 12:00 pm Eastern (9:00 am PST) to discuss the recently announced resource estimate for the Schaft Creek copper-gold-molybdenum-silver deposit located in northwest British Columbia, Canada.
To access the webcast, which includes a slide presentation, please follow:
http://event.on24.com/r.htm?e=471078&s=1&k=ECF7ADDDF630AA2CF…
Participants will require Windows MediaPlayerTM. Please note that this is listen only mode.
To participate in the conference call please dial 888-231-8191 , or locally in Toronto 647-427-7450 . To ensure your participation, please call in approximately ten minutes prior to the scheduled start of the call.
The webcast will be archived and can be accessed on the Copper Fox Metals web site www.copperfoxmetals.com or on the CNW Group web site www.newswire.ca
About Copper Fox
Copper Fox is a Canadian-based resource development company listed on the TSX-Venture Exchange (TSX-V:CUU) with a corporate office in Calgary and an operations office in Vancouver and is involved in the exploration and development of the Schaft Creek copper-gold-molybdenum-silver deposit located in northwest British Columbia, Canada.
The Company is working on completing a feasibility study on the Schaft Creek Mineral Deposit, one of the largest undeveloped copper, gold, molybdenum and silver deposits in North America. The feasibility study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine and is expected to be completed mid-late summer, 2012.
Copper Fox holds title and a 100% working interest in the Schaft Creek project consisting of 44,265.52 hectares (109,382 acres). Included in this total are the "Schedule A" mineral tenures 8,334.34 hectares (20,594 acres) originally conveyed to Copper Fox pursuant to the 2002 Option Agreement. The "Schedule A" mineral tenures are subject to a 3.5% Net Profits Interest held by Royal Gold, Inc., a 30% carried Net Proceeds Interest held by Liard Copper Mines Limited ("Liard") and an earn back option held by Teck Resources Limited ("Teck"). On completion of the feasibility study, Copper Fox will earn Teck's 78% interest in Liard. Teck's earn back option to acquire either, 20%, 40% or 75%, of Copper Fox's interest in the Schaft Creek property is triggered upon delivery of a positive feasibility study to Teck. Should Teck elect to exercise its option for 75%, they are required to fund subsequent property expenditures up to a total of 400% of those incurred by Copper Fox ($75.9 million to January 31, 2012) and arrange for project financing, including the Copper Fox portion. For full details of the Teck earn back option please refer to the Company's website www.copperfoxmetals.com.
The remainder of the mineral tenures totaling 35,931.18 hectares (88,788 acres) has been obtained by Copper Fox through mineral tenure acquisitions and mineral tenure purchase agreements. Some of these mineral tenures are subject to inclusion within the Schaft Creek project under the terms of the Area of Interest provisions of the Option Agreement.
*United States investors are advised that current Mineral Resources are not current Mineral Reserves and do not have demonstrated economic viability. All figures are rounded to reflect the relative accuracy of the estimate and in keeping with "best practice principles".
For additional information contact: Investor line 1-866-913-1910 or J. Michael Smith, EVP, at 1-604-689-5080
On behalf of the Board of Directors
Elmer B. Stewart
President and Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include statements about the completion of the feasibility study for the Schaft Creek project.
In connection with the forward-looking information contained in this news release, Copper Fox has made numerous assumptions, regarding, among other things: the geological, metallurgical, engineering, financial and economic advice that Copper Fox has received is reliable, and is based upon practices and methodologies which are consistent with industry standards; and the continued financing of the Feasibility Study; and the anticipated analytical results of the current drilling program. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: the actual mineralization in the Schaft Creek deposit may not be as favorable as suggested by the updated resource estimate; the NI 43-101 report related to the updated resource estimate may not be filed within the anticipated timeframe, or at all; the updated resource estimates may not be included in the feasibility study; the feasibility study may not be completed within the contemplated time frame, or at all; the possibility that future drilling on the Schaft Creek project may not occur on a timely basis, or at all; fluctuations in copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, and estimated economic return; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals
A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
You can also view this News Release on our website at:
http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=5…
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http://www.stockhouse.com/FinancialTools/...=V.CUU&newsid=8539694
und ein weiteres PP von den Insidern gezeichnet:
http://www.stockhouse.com/FinancialTools/...=V.CUU&newsid=8539812
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Neuer Zukauf:
http://app.quotemedia.com/quotetools/...;cp=off&webmasterId=94743
Ich denke Elmer weis was er macht :)
Auch auf Stockhouse sieht man's positiv.
perfect opportune time to pick up nice assets...Bell Copper Corp needed to put in a plan to weather the storm....Apparantly we have the money to make our strategic moves as well....I am not good with maps but I think I might be on to something here with this new asset...If it pans out, I will post....
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http://app.quotemedia.com/quotetools/...;cp=off&webmasterId=94743
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September 04, 2012
Copper Fox Drilling Indicates Widespread Mineralization in the Discovery Zone, Including 1.01% CuEq Over 47M, Updates Corporate Activities
http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=545171
ein guter Titel, aber man kann hinein interpretieren was man will.
Die meisten Poster gehen unverändert von ein Übernahme duch Teck aus.
Die Frage ist, ob die BFS vorher kommt (Bank Feasability StudY) oder das Angebot von Teck, beide werden wahrscheinlich dieselbe Wirkung haben, der Preis steigt um 1 - 2 Cad :)
(hoffe ich).
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nteressantes Interview: es wird von einem Umtausch 10 zu 1 gesprochen.
Teck steht auf rund 30 CAD dies würde für CUU einen Gegenwert von 3 cad je Aktie bedeuten 
Respected poster Iletea reports from the Toronto show. This is the full interview from the AG CUU forum. Thanks, Iletea!
I just got back from the Toronto show. I managed to be there when it opened and I was lucky enough to spend about 20 minutes with Mike (Jason was busy with someone else). First of all, he’s a first class gentleman and I’m glad I had a chance to meet him in person.
Below is my recollection of the discussion with him. I’ll do it in a Q&A format, and the answers are as close to what he said as I can remember.
Q: Why hasn’t the economic analysis and project sensitivity been finished yet? They were scheduled for completion in early September.
A: We are in the final stages; it requires a large amount of work and we are now pulling all the numbers together to complete them
Q: Why two reviews of the Feasibility study?
A: This is quite common in the industry and we want to make absolutely sure that anyone reading the report will not question the results
Q: Is Matt Bender the same person that worked for Newmont?
A: Yes, we were fortunate to grab him three weeks ago once he stopped working for Newmont. He’s familiar with our project and we are delighted to have him working for us.
Q: Who is paying for the two reviews (internal and Merit)?
A: We are (Copper Fox)
Q: Would that expense qualify for 4X money back under TECK agreement?
A: Definitely (big smile); wouldn’t you like to get 4X money back?
Q: Once the FS is done, the two reviews will start?
A: No, the reviews have started already
Q: Both of them?
A: Yes
Q: What happens if there is a difference between the reviews?
A: Things are being discussed all the time among all reviewers; this is a matter of fine tuning right now
Q: Are you going to publish the FS once done, or wait for the reviews to be finished and then publish?
A: FS and reviews will be done at the same time; one NR
Q: How long before the reviews are done?
A: Not long at all; I don’t want to commit to timelines, but the review process doesn’t take long.
Q: So we are not talking months?
A: No
Q: Within weeks?
A: It won’t be long
Q: Are you concerned with the daily SP, given that most buyouts are on a “premium” to current SP basis?
A: No, we'll be negotiating the value of the deposit. We all have a lot of our money invested here and Ernesto is a very shrewd businessman, he doesn’t leave money on the table. Also, CUU has held its ground better than most peers over the last year.
Q: When the liquidity event happens, are we going to get a lump sum?
A: Either a lump sum or mix of cash and shares; then we’ll have a share roll-back, probably 10:1, and do this all over somewhere else
Q: Why the sudden close camp – lets drill – no drill?
A: A few extra holes would not have helped much right now. However, if only Shaft Creek is sold, then it is a different story and we’ll go at it full force
Q: Have you considered partnering with TECK and go mining?
A: We all want to get our money out, our first option is to sell and continue exploring. Would you like to be tied up in here another 4-5 years?
Q: Is Arizona property in the discussions?
A: Everything is on the table for the right price
Q: Are there any plans for drilling the Arizona property this year?
A: Nothing planned for this year; focus is on SC
Q: How are we progressing on the environmental front?
A: Discussions are ongoing with senior level government reps and everything is on track
Q: Are we in talks with NTL?
A: Yes, but there is only us and another 2-3 projects in such an advanced stage. Hydro even hasn’t figured out exactly how they want to handle it.