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: lumina deal
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Sorry to pick on your math Prospekt.


I was looking back at their SP in March 2012. Their high was $17.16.

Their fully outstanding shares at that time was 42,596,630. x $17.16 = $730,958,170.00

$470 million buy out divide by $730,958,170.00 = 64.2%

If we go by $2.70 high of copper fox * 64.2% = $1.73

I went to look at Copper Fox outstanding shares at that time, it was around 336 million. basically market cap high of $1 billion. came up to around $1.73 as well. (Just double checking my math).

I think from 2012-today, Lumina increased 10% in outstanding shares.

I hope my math is correct. Will double check it later.


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