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: Twas the night before Xmas
3
Dec 20, 2019 11:45AM
3
Dec 20, 2019 01:02PM

1. Copper prices has gone through hell since the highs back in 2011.

2. Project is strong economically.  THere are no buyers when the money isn't there.  The buyers are struggling themseleves.  Hell look at gold, it's $1500 and we still haven't seen any crazy M&As yet.

3. No buyer is going to buy our carried interests until they know what Teck is going to do.  You don't just buy into a minority interest especially in a bad copper market.

 

Just look at QB2 and how their economics stack up before and after imporvements.

 

 

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