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: Re: Toronto Show- Question
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Sep 25, 2012 07:25PM
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Sep 25, 2012 07:30PM

Sep 25, 2012 07:46PM

I'm glad to see that silver only has a small impact on the economics. In the past, it sounded like the silver had a large impact and that had me a bit concerned.

For example, a change from an NPV of $300M to $600M is a significant change.

A change from an NPV of $4B to $4.3B is a slight change.

By saying that the silver has a small impact tells us that the mine is highly profitable, even without the silver.


Sep 25, 2012 08:52PM
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