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: Lower Expectations
I think we'll be having this debate until the buyout (NPV, ROV, mine life, what premium for undrilled targets,?). The bottom line to me is that everyone is trying to get that crystal ball to see into the future. What is most disturbing to me is this fact that small tweaks with the numbers make Schaft unmineable or worth $5-10 a share. We know what Elmer thinks, we're very in the dark with Teck's thoughts or other majors although, yes, some obvious thoughts that relate to Schaft were given at the Whistler conf. I still think the overall markets aren't amazing for us right now, and it could be to our benefit if this takes a few more months to finish up. Forgive the lack of unbridled optimism on my part, I've just talked to too many people in the industry who are ho-hum with Schaft and it has tempered my expectations.
Share
New Message
Please login to post a reply