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: We haven't seen everything

CUU's share price wouldn't trade at 100% of their NPV though. Maybe because of the inferred confusion we would be close but to assume that if Teck backs out that our price would all of a sudden jump to $1.25 is silly.

If you don't think we'd trade at $1.25 with 100%, not sure how you expect we'll get more than $1.25 with only 80%, 60% or 25%. You're only valuing the worstcase BFS numbers, but the BFS is half the resource and doesn't include a lot of things (most notably the inferred).

I'm with RT, the BFS should have helped clear up our value but it's really just muddled it.

Share
New Message
Please login to post a reply