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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Message: Value of Gold

An article in the Globe today quotes (the highly regarded) John Ing as saying that gold stocks should enjoy a phoenix-like rise in pricing. Junior stocks will lag behind the majors and mid-tier miners. He says that currently gold reserves are being valued at $400 an ounce.

That gives us an idea of how our 7.3 million ounces of gold should be valued in a buy-out. No word on copper, but those articles I quoted awhile ago gave $.54 to $.94 per pound of copper in situ. (I think, I'm going by memory here because I have a poor internet connection right now and can't look things up.)

--http://www.theglobeandmail.com/globe-investor/markets/market-blog/gold-stocks-to-see-a-phoenix-like-rise-john-ing/article4442379/

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