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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Message: Re: Starter Pit
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Dec 04, 2011 09:11AM
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Dec 04, 2011 09:28AM

Like I said the Chappy. If they really go high grade the 3.5 years is easy to pull off. A company like us worth 24% of a billion a year is worth more than the $2.50 some have suggested. I like to look at the 10 year capacity to base a price on a resource. That means we'd fetch upwards of 2.5 billion in a good market. (Using old numbers). I'm still thinking that over $7 is right but would be happy with less considering the EU and all that garbage. I'd still want some residual value in the co.

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