napkin calc of our value per the new presentation

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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beancliff

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napkin calc of our value per the new presentation

posted on Jul 08, 2012 12:39PM

So correct me if im wrong,my napkin calc.

LOM Production;

203 Million lbs of copper per year @ ($2.97 lb plus $0.04 credit) =$3.01

$611,000,000.00 per year profit for the mine /our share 25% 152,750,000.00 .per year

152.75 million divided by 407.3 million shares =$0.37 per share

$0.37 per year for 35 years.$12.95 share value .

(not including any other values ie new discoveries , lands ,metal values going up etc...

i got 35 years LOM from 7.1 billion copper divided by the posted production of 203 mill per year =34.9 years.