Re: Waste Rock

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: Waste Rock

in response to

Waste Rock

RabidTiger

posted on Dec 21, 2012 04:11PM

Everyone seems to be missing the key news... the inferred resource being treated as waste rock.

Yes. The retail doesn't get it. The majors get it.

Just take Inmet and Cobre for example. NPV 1.5.....They're getting valued much much higher. NPV doesn't represent true value.

Once the EA permits CUU can use the 5% discount vs the 8%

This has an immense mine life...

Look at the Capex achievement Vs all other projects out there.

This feasibility is just extra conservative, and the whole point is to trigger the Teck decision.