Re: Downside Risk

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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RabidTiger

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Re: Downside Risk

posted on Nov 18, 2011 03:35PM

Yes the buyouts are heavily biased towards producing assets. I don't necessarily think this is negative. To me it highlights how unique Copper Fox is. How many junior explorers have a potential 180,000 tpd mine to their name? How many of those have robust economics? How many of those are in the feasibility stage?