Relax? why? Do You think I made a farfetched statement? Expand on your thoughts.
I have to disagree with you JJ.
What is your opinion on a buyout price for Copper Fox's 25% ownership?
Transaction prices represent the value of the deposit.
I asked Elmer about Schaft Creek's "Monetary value". He then says in his reply he is not allowed to comment on that but I believe he offers me a hint to look at "comparable transactions for large copper projects" to understand the potential of what Schaft Creek's monetary value could be.
An example: I am referring to the monetary value of Schaft Creek, not CUU's 25%. So if we use the examples I provided as did Vette in his previous posts, they were sold between 1.2 to 5 billion dollars. That monetary value represents the property/deposit's worth, and Schaft Creek is worth more. So say as an example SC in total is valued at 6 billion....25% of that value is Copper Fox's portion.
Lets all wait until the new BFS/resource estimate comes out to determine our "monetary value".