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: Gold Fox

I forgot to even add to this. Has anyone done a present value of cash flows for CUU share in the JV?

$75 million in the first 5 years then $113 million per year for the next 16.

Do it at 5% and 8% interest.

See what figures you get. BTW, zero money down from CUU as it'll be financed by Teck and paid for by SC in the first 5 years.

http://www.calculatorsoup.com/calculators/financial/present-value-cash-flows-calculator.php

We should get improvements as well through exchange rates, recoveries, and pit plans. $113 is supposely the low end of cash flows.

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