posted on
Mar 29, 2021 01:12PM

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%)

Message: Re: M&A
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Capstone just bought 30% of Santo Domingo for $120 million US or 38% of PEA $1.03 million after tax. All permitting was completed but some issues with transporting product left.
This represents 38% of PEA. I do not know if the selling partner had to sell or if it was in duress.
With the super cycle being pumped and the locations of VD and SC, we can hope for 50%.
VD $800 million CAD and say SC $500 million CAD for our 25%, 50% would be $650 million total or $1.18 share equivalent. Round up to $1.25 -$1.35 for SCJV agreement bonus. IMHO
Now we all saw stock rise to over $2.70 many years ago but we don't have the momentum and excitement we did back then (not yet anyways). Let's keep it real imho
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