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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Claude Cormier who wrote (35003)	3/5/2007 6:12:32 PM
From: 4C	Read Replies (1) of 78405

Hello Claude, nice to hear from you. Yes, Tech can get back up to 75% But they have to pay 4 times the money CUU has spent. More specifically here is the arrangement: Teck Cominco can buy back 20% (1x$), 40% (3x$) or 75% (4x$) copperfoxmetals.com Also in an article by Resource Investor it states: "Conclusion: From the table above we see that Copper Fox has a Julian Baring valuation ratio from 80 times down to 20 times the current market valuation, depending on the back-in scenario. This corresponds to C$ 46.40 per share against its current price of C$0.58 (if we assume CUU retains its 93.4 % share of Schaft Creek). The worst case scenario, if Teck were to earn the maximum back-in of 75% still leaves a theoretical share price value of C$11.60 per share." resourceinvestor.com Please let me know what you think. The Pre-feasibility study will be ready by end of fist quarter, new resource estimates within two weeks which should show a world class Indicated resource of 8.6 million ozs Gold, 9.15 billion lbs Copper, 620 million lbs Molybdenum, and 82.4 million ozs Silver. Thanks, Cameron

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