Pikerel...
.22 cents a lb for sheer copper is rather high.....after you added in other credit metals that buyout/acquisition would be rather large.....especially if you factor in gold credits (approx. 80/ounce for Canadian juniors in the last year).
A buyout on the equivalency of that deposit would make it one of the most expensive, if not the most expensive ever.
Copper is normally bought out around .03-.04 if Im not mistaken, so .06 represents a decent premium on top. If you went by copper equivalency you need to remember that the other metals factor in as a pound of copper, not as a dollar value.
Im sorry but Ive never heard of a project selling at .36 per lb of copper....its just too high....
Rogue,