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: Re: Dollar down below 88 cents
17
Nov 04, 2014 11:22AM
4
Nov 04, 2014 12:08PM

let's not forget lost value of mineral prices and also how much of our capex is being purchased outside Canada the exchange affects us negatively on those items

I know the price of copper is down and will have a negative effect on the NPV, that's why I said the forex will compensate for that factor to a degree. I do think that there is a general assumption after 2016 supply will be tight for copper and the price will go up. We don't really know what that will do to the value of the dollar but if our economy is supported by the price of oil, it doesn't look good.

I took the figure of $75 million per point of Forex right off the September presentation. It says that a drop of a penny will increase the NPV for $75 million and I assume that takes into account things like $US dollar purchases outside Canada. It's a bottom-line value, isn't it?

9
Nov 04, 2014 12:25PM
3
Nov 04, 2014 12:27PM
3
Nov 04, 2014 12:35PM
11
Nov 04, 2014 12:39PM
2
Nov 04, 2014 12:44PM
3
Nov 04, 2014 01:05PM
4
Nov 04, 2014 01:07PM
6
Nov 04, 2014 01:47PM
9
Nov 04, 2014 01:55PM
5
Nov 04, 2014 02:05PM
19
Nov 04, 2014 02:59PM
5
Nov 04, 2014 03:25PM
1
Nov 04, 2014 03:57PM
11
Nov 04, 2014 04:40PM
9
Nov 04, 2014 04:49PM
1
Nov 04, 2014 05:04PM
9
Nov 04, 2014 06:15PM
3
Nov 04, 2014 06:24PM
5
Nov 04, 2014 06:30PM
4
Nov 04, 2014 06:53PM
19
Nov 04, 2014 07:13PM
2
Nov 04, 2014 07:36PM
1
Nov 04, 2014 08:07PM
4
Nov 04, 2014 08:18PM
3
Nov 04, 2014 08:22PM
1
Nov 04, 2014 08:26PM
9
Nov 04, 2014 08:48PM
3
Nov 04, 2014 08:50PM
5
Nov 04, 2014 08:52PM
2
Nov 04, 2014 09:05PM
7
Nov 04, 2014 11:06PM
4
Nov 05, 2014 08:28AM
2
Nov 05, 2014 09:00AM
3
Nov 05, 2014 01:42PM
5
Nov 05, 2014 01:57PM
4
Nov 05, 2014 02:40PM
7
Nov 05, 2014 03:27PM
10
Nov 05, 2014 05:38PM
1
Nov 05, 2014 05:46PM
3
Nov 05, 2014 07:02PM
4
Nov 05, 2014 10:25PM
2
Nov 05, 2014 10:35PM
1
Nov 05, 2014 10:50PM
2
Nov 05, 2014 10:51PM
2
Nov 05, 2014 10:59PM
1
Nov 05, 2014 11:11PM
1
Nov 05, 2014 11:27PM
14
Nov 06, 2014 01:10AM
Share
New Message
Please login to post a reply