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%)

Reply New Message

Back To Forum List View

Prospekt

Rank: President [?]

Points: 25043 [?]

Votes: 175 Score: 4.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Barrick Gold price assumptions

posted on Aug 01, 2013 12:51PM

Barrick wrote down their assets today and used the following price assumptions to calculate the amount of the impairment:

Gold $1300 an ounce

Silver $23 an ounce

Copper $3.25 per pound

Our feasibility used the following price assumptions:

gold $1445

silver $27.74

copper $3.25

The comment from Barrick: “We are confident our assets will generate substantially more economic benefits over time for our shareholders than these current valuation levels imply,” Barrick said in its earnings statement today.

11 Recommendations

Re: Barrick Gold price assumptions

YourNadir

Aug 01, 2013 01:19PM