Re: The good, the bad, and the ugly

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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RabidTiger

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Re: The good, the bad, and the ugly

in response to

Re: The good, the bad, and the ugly

cuuvette350

posted on Dec 21, 2012 11:57PM

Good point Vette, the 60 day JV is very good for us.

I'm not sure ultra conservative is very accurate. $3.25 copper for a base case is quite high. We do have lots of flexibility and areas of improvement, but this is not really the same as conservative.