Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Orcinus

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What's CUU's gold worth?

posted on Apr 27, 2012 05:04PM

IAMGOLD just bought out TRR and paid about 37% premium on the SP

http://www.iamgold.com/English/News/News-Releases/News-Release-Details/2012/IAMGOLD-expands-gold-production-pipeline-in-Canada-with-acquisition-of-Trelawney1129171/default.asp

So it seems that this buyout is eaqual to about $85 (roughly) per Oz. I think a while back IAMGOLD wwre thinking that they could get TRR for a lot less, on the per Oz basis than $85.

Can somone use these numbers and give us a guesstimate on what is CUU's gold worth?

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