Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Jul 16, 2013 01:45PM

Jul 16, 2013 01:46PM

NotSoQuick

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Re: Favorite Pastime

in response to

Re: Favorite Pastime

JohnnyAugust

posted on Jul 16, 2013 01:55PM

Re: FS is done

I know that the FS is done. I'm probably not wording this correctly.

But the whole thing with our FS was that we were treating a large chunk of inferred resource as waste rock. So the goal is that the 10,000m drilling plan will "prove" that waste rock in FS to actully not be waste. If this is indeed proven, then the whole economics of the mine changes dramatically and we are worth a whole more. It is at that point that we are proven to be a worth a whole lot more. I'm wondering how/when we expected updated economics?

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