Re: Lower Expectations

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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Orcinus

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Re: Lower Expectations

in response to

Re: Lower Expectations

Prospekt

posted on Jan 25, 2013 02:05PM

BRF and Prospekt have a good points, and I reiterate that you have to interpret new info in terms of historical context. During the VRIC presentation ES stressed the ROV approach, yet a lot of folks are not convinced that TECK will thake that into consideration in their valuation. I do no discard the SP in the negotiatons, BUT I also think TECK is savy enough to recognize the vaue of the ROV vs NVP approach.

I think there is a lot of support for the ROV approach in the moining industry and having a look at this paper may be worth it. Check out the participants in the study.