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%)

Free
Message: Re: Another thought - idubs
6
Jan 06, 2013 07:44PM
5
Jan 06, 2013 09:04PM
35
Jan 06, 2013 10:02PM
5
Jan 06, 2013 11:44PM
2
Jan 07, 2013 09:30AM

Remember this Folks ! A BFS is NOT a fanfare event like an updated increase in a Resource Estimate. It is meant to do the opposite. The best analogy I can give is that you are buying a new investment property (flip) and are willing to spend up to 'X' dollars for it. The BFS is a derisking tool that is kind of like a Mike Holmes quality (in our case) inspection that lays out all the faults (scenarios) and the economics behind those scenarios (costs). You as the buyer NEED to know prior to purchase if you pump the money into that cracked foundation and new roof, will you still come out on top even during a prospective downturn in the realestate market.

======

Thank you very much for the BFS/House purchase analogy -- I really appreciate your interpretation, the BFS makes more sense now. MTS

2
Jan 09, 2013 02:32PM
Share
New Message
Please login to post a reply