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: Look at Lumina
3
Feb 19, 2012 01:12PM

Something else you will note while researching. In Canada, copper deposits seem to be capped regardless of quality. Part of this is jurisdiction. I've written a number of times about BC's politics and what can happen. Lumina followed an appropriate price appreciation while in Canada, this has not happened. Look at Yellowheads deposit. It lacks the extra goodies but represents a base case for copper in Canada. Once a mine reaches final permits then the price jumps. This is due to the fear that an application will be rejected. We are simply viewed as corrupt. Can you say Prosperity? As it gets out that we don't have issues we will see a price increase.

1
Feb 19, 2012 04:19PM
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