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: Zijin buying stakes in Papua New Guinea/Congo Mines

Even with 1.9 cents, SC has 10 billion pound of copper which works out to approx $193 millions or about 12 cents per CUU share for copper only and a Congo price and without silver, molly, gold, Van Dyke, Caramax.

We are at 16 cents today; draw your own conclusions.....

==================================

I think that may be why we are at 16 cents? At least that is the conclusion I draw...

At the top of the forum it states:

"CUU owns 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)"

Where did you get the 10 billion lbs of copper? Maybe that is copper equivalent? ...and we only have 25% of that to sell either way.

I also think Carmax and Van Dyke are contributing next to nothing to our SP currently (may even be a drag on it due to funds being directed there). IMHO.

Share
New Message
Please login to post a reply