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: A little Retrospect...
3
Sep 30, 2017 11:02AM

We are supposed to have a decade-long copper deficit.

The deficit and the sustained rise in cu price starts as "put elmers  favorite word here" (hint 4 letter word , starting with ..s..probably by now you are sick of it)as a year from now.

During the deficit decade, copper assets will be all the rage.

Many assets will be rushed online.

Many of those assets in other countries will face problems from greedy governments and locals.

Everybody will be talking about copper.

The assets that will change hands will do so at a high price.

There will be....bidding wars(I hate that word ...you veterans here know why)

Now, assuming all this comes true, if you were Tech, what would you do?

Would you hurry and polish sc in order to develop it or sell before it's too late to get the best price?

Assuming Teck decides to sell  it,it must not delay a lot.

Taking sc to production may require 4 years.

If selling it takes 3 years,that's 7 years.

Most of the deficit decade passed and the cycle may soon come to equilibrium, the prices of copper may fall significantly and remain there for many years, as naturally there will be a rush to bring copper mines online and flood the market with copper

Makes sense?.

 

 

 

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