8% disc. to NPV seriously ?

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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sydneyb

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8% disc. to NPV seriously ?

posted on Dec 22, 2012 03:00PM

As someone smarter than I said....5% when EA done & approved as last real hurdle. Makes huge cash profit differential...shows on the bashers charts.

We were to make $1 for profitability of a Mine, at worst cost conditions dictated by & to satisfy TCK. Done.

This is a BFS - not a sales promotional pamphlet. (Try talking to merchant banks with a fluff presentation scant on realism to raise 3+ Billion).

IMO, I believe we are done at sc....waiting til mid Jan. for a conference call -which has as yet no firm date?? Sounds to me like we are waiting for something or someone.