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: BFS Timing

But all this is very simple.... I am scared that they know something that we don’t.

There is something they know that we don't. The capex as well as the payback period. These two important metrics are only going to be known when the BFS is done and released to the public. However, they may never be released if we are taken out by Teck beforehand. The market is not bidding up our stock price because these important metrics are unknown and not public information yet. Analysts cannot put a price on SC without this important piece of info. A skyhigh capex may make SC worthless and a long payback period reduces the NPV.

However, once thing that is most reassuring is that if the capex was way to high or the payback period was too long Teck would of walked out long ago and they certainly would not have staked so much land around SC. Hope this helps you sleep better :)

Share
New Message
Please login to post a reply