Re: Spoke to Elmer

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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cuuvette350

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Re: Spoke to Elmer

in response to

Re: Spoke to Elmer

webgogs

posted on Dec 12, 2012 01:27PM

Maybe now people will get what our real value is. If more of the last major deposits demand a fair price we might also get our comeuppance.

Oh yes. They know what this is worth. 1st comes the technical report / Feasibility (basic de-risking of the project).

Once that is out...Elmer said, they can express their opinion on the true value.

The metrics are always changing, the metal prices are always changing, the majors do their own mine plan once a year. What's this valued at on year 3, 8, 15......

This is how the majors value deposits.

Best thing yet is we didn't even touch 50% of the Paramount and we have the Discovery zone.