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%)

Free
Message: In Situ calculator

I used the numbers from the RE estimate only and the values I've taken from commodities webpages.

I appreciate all the feedback.

I found the calculation rather exciting but I'm leaning towards Rogue's camp here. I look at the Fox as two different stocks:

CUU-1 is the goods subject to the Teck agreement.

CUU-2 is everything else.

By definition CUU-1 is in the development stage and I'm quite sure I'm getting less than a dollar for 75% of it. The in situ calc helps me determine what my 25% is worth.

CUU-2 is an exploration stock which has value and is also riding the coat-tails of CUU-1.

The equation is: Less than a buck for 75% of CUU-1 plus my 25% plus CUU-2. Rogue's suggestion of $5 - $7 is reasonable.

Of course, I don't mind being unreasonable.

Share
New Message
Please login to post a reply