Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Jun 02, 2015 11:56AM

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hoghead

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hoghead

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hoghead

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hoghead

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Re: New Presentation

posted on Jun 02, 2015 08:20PM

The FOREX line accounts for changes in exchange rates while the copper and gold lines account for changes in commodity prices independent of exchange rates.

That is absolutely 100% correct.

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So the dot is on the wrong side of the chart for copper as I originally stated (the $USD copper price has dropped about 10% not up 10%), and same for gold and moly.

The FOREX has given more boost to value than the base metal drop have taken away, so still seeing a net positive - but not the 2.5 billion addition that the chart misleadingly looks like it added...

4 Recommendations

Re: New Presentation

hoghead

Jun 02, 2015 08:46PM

Jun 03, 2015 12:46AM

Jun 03, 2015 12:51AM