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%)

Free
Message: 1% NSR
Reply New Message
Prev Message Back To Forum Threaded View Next Message

I long long ago posted that I had used 4 different valuation methods on our unique 25% of Schaft Creek and I strangely kept getting the same result from each method.  Not sure if any of you remember...my  buy-out number was $1.23 Billion.

That was Cdn $. 

With where metal prices have risen to and appear to be going in real hurry, it now has to be a minimum $1.23 Billion US.

In fact, if pressed by majors that they engage with, they should say that the auction would have a reserve price "well north of $1 Billion US".

JMHO 

9 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply