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: Silly comments about capex abound

Just surfing around for current comments. Seems the last straw is to go after the capex. Lots of people posting failed magic beans. Oh, the capex will balloon to the moon. You'd think it would wipe out Canada as a whole because it's magically going to become so expensive. Reality shall soon set in. Look close at what the initial costs are for. Look at the reports in detail and you will find nothing to suggest we've made any errors. No hidden costs in the tunnel we don't have to build. This is a clean build. Prepaid expenses limit cost disruptions. Contracts and manpower have been examined. Compare the IRR statements with other companies. Ours holds up. Nothing hidden in the closet there.

In all of the capex creep comments there is not 1 single word that can't be debunked. Talking with Elmer reveals that he is very annoyed with these people. It does cause unwanted calls to the office. They gave us a better payback period and reduced the amount of waste that needed to be processed and improved the higher grades and yet this arguement is put forth.

Fortunately, this is the last try by the stupid and the crooked. I doubt we will get into the EA magic fish debate again before we get sold. The next round of discussion should be about how you sell something this large.

Share
New Message
Please login to post a reply