Re: Timeframes/Sentiment

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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Numerato

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Re: Timeframes/Sentiment

in response to

Re: Timeframes/Sentiment

RabidTiger

posted on Jul 23, 2013 05:09PM

Well, the 3 year average case resulted in an NPV of $967 million which converts into 60 cents per share ie. about the average trading price for some months now - closed at 56 cents today.

So, current share price is a little less than a very conservative valuation that did not include all the land and assumed a production rate of 130,000 tpd - higher production rates would increase revenue and, therefore, the value of Schaft Creek.