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: Re: Just a what if /pure speculation
2
May 02, 2023 05:05PM

In my humble opinion I would put a value between $2-$3 cdn a share. Aside from SC VD is still maybe 5 years from production if they had the money to start the necessary steps as of today. The other sites are raw greenfield projects that really aren't worth much at this stage. You might recall that someone reported VD received an offer of $11 million. The pea suggested it might be worth over $600 million but that's resource based and a pfs is required that would cost $13 million to gain a better idea of its actual value. 

we better hope someone wants our 25% of SC this year and will pay a premium otherwise we will get diluted to death. The plan suggested by Sibiu to roll everything aside from SC into a separate company and issue new shares is the kiss of death for SC minority shareholders. They already have Southern Copper Fox on the books as a separate entity. Rolling the one asset that might attract a quick sale into the kennel with the other dogs is foolish. All JMHO.

Share
New Message
Please login to post a reply