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: CUU equity vs market cap
Reply New Message
Prev Message Back To Forum Threaded View Next Message

"We effectively have a cash position equal to our market cap"

That's not a very accurate statement. If Teck does back in, then they will have to pay $300M towards the overall project. However, at that point they will own 75% of the project so most of that $300M is going towards their portion of the project. Copper Fox will have the huge advantage of having Teck as a partner, but that $300M is hardly Copper Fox's.

6 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply