Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Thomas-CUU

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Re: What

in response to

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Spitfire191

posted on Sep 20, 2021 01:24PM

When I have read MKs napkin estimates and heard value of 3-4 billion npv, your calculations seemed reasonable....how do we end up at 1.4 billion? Where was the big miss?

Seems to be a big difference in resources. Compare this May news release to today's news release.

https://copperfoxmetals.com/news/copper-fox-provides-update-on-schaft-creek-pea-83848/

M&I of 7.764.47 billion pounds copper, 6.97 million ouces of gold

Today's PEA news release has 5.0 billion pounds copper and 3.7 million ounces of gold.

It's a copper/gold heist!!

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