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%)

Free
Message: My thoughts of Schaft Creek's NPV, Mine development
Reply New Message
Prev Message Back To Forum Threaded View Next Message

I don't believe so. Teck owns 75% of SC and can sell parts of their 75% while retaining operating control. If they buy CUU share of 25%, they can flip their share just as much for more when they bring it closer and closer to production. (Or even by improving the economics even further on the mine)

7 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply