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: My theory of everything

EG,

I agree with a few of your points....

I agree that copper fox can get ready to sell soon! Renmark had a role to play in that aspect too. I also agree that the waiting is most likely our board of directors waiting for the perfect time to get max dollars for the property. I assume after a U.S-China trade deal as copper price will explode upward on that news. Our directors are very sound people with accounting backrounds.

I disagree on your thoughts about the economics. The last news update clearly stated that the JV found ways to reduce both OPEX and CAPEX, this alone would improve the value of the desposit(s) on the property. In essence, increase the NPV.

2019 plan is clearly about, "The SCJV has agreed to further evaluate the identified engineering improvements options to reduce capital and operating costs assuming a 130 ktpd (same as the 2013 feasibility study) throughput case"

All while keeping the throughput the same! A large mine with a small capital allocation budget relative to other large mines that cost many billions.

That is rare. The current CAPEX to build SC is like 3.2 billion (including 400 million in contingencies which is fairly generous and healthy number for money they may not need to dip into....so 2.8 billion is the actual number), maybe they can get it down to 2-2.5 billion.

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