Re: royalty

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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webgogs

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Re: royalty

in response to

royalty

beancliff

posted on Feb 09, 2013 12:04PM

No, Teck has to have the royalty. With Royal Gold's holding the two royalties are too much off the top for this to proceed. It's the LOM value that shows their full worth. At almost 10% that's one of the biggest premiums I've seen on a deposit considering what was paid for them.

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