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: metal price
1
Dec 13, 2011 11:27PM

"When you we speeking to ELmer, did you or anyone else happen to ask about revising the metal prices to reflect today`s prices?"

If you are referring to the metal prices used in the BFS, the agreement with TCK specifies that the metal prices used would be the 3-year average price prior to the BFS; they cannot use the current metal prices.

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