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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Message: Any Comments? > Copper Fox: Currently Overvalued Even If Schaft Creek Proceeds
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You can't compare CUU now to what they were back in 2011. Back when they hit $2.75, copper was $4.50/lb, molybdenum was $16/lb, gold was $1500/oz and silver was $46/oz. We were also under the impression that the feasibility was due within the next two months and that the Teck back in agreement was going to be honored. We can see a lot has changed since then so its hardly fair to compare CUU now to then. A huge part of investing is learning to adapt to changing market conditions and this is a prime example of this.

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