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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: Copper back up

Trading at $2.32US today! Up 6 cents 

or 3.25 CA 

 

https://lfpress.com/pmn/business-pmn/shanghai-copper-hits-near-4-week-high-on-supply-woes/wcm/27a3c886-f7c5-4bec-90de-c08d5e7effe2/amp

We are back to Feasibility level pricing for Copper (exchanges were equal in 2013- 1US:97CA)

So in these market environments, it shows majors SC is profitable during poor market conditions. This is another selling point to buying our project. When factoring in the new gold price....the numbers keep climbing higher.

Do not let others tell you, our economics have worsen since our last report. Silver also climbing from its low range seen weeks ago.

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Apr 13, 2020 01:06PM
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