Re: valuation

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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chisel26

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Re: valuation

in response to

Re: valuation

teamjen

posted on Jan 22, 2012 11:42PM

Forgetting about any number crunching, didnt the market already value this at $2.75 a share last year (rhetorical question)? The macro economic environment has changed but it can also swing the other way in a hurry. $3 is only about 10% above what the market valued this at last year......we had a spreadsheet going around last year on what the buyout would be on SH and I believe the average was $5ish (30 or so people participated). That was before the new land,etc, etc.