Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: 2012 RE
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May 31, 2012 12:24PM
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May 31, 2012 12:56PM

I should add that our new in situ value after metal recovery and 3 yr metal prices is

$34.883 BILLION (or about $28.39 per tonne)

Chappy, quick clarification. Are you saying that this is the Net Smelter Return (after metal recovery) before subtracting Operating Costs (transportation, smelting and refining)?

Thanks


May 31, 2012 01:02PM
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