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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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. Falling commodity prices have to have a negative impact on NPV. However,I still get a net increase in the NPV from the FS value after taking into account both FOREX and metal prices, which is a plus for the project economics. Now it's up to Teck to finalize the optimization studies and make a decision.

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