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: Re: $C
$C
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Aug 11, 2015 12:05PM
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Aug 11, 2015 12:58PM

I think the drop in the Canadian Dollar does us more harm than good at this point. Sure, it makes the copper more profitable but we dont produce any copper and are faced with much higher expenses building a mine. Almost all of the equipment purchased to build a mine and work the mine will have to be paid for in US Dollars and that is a huge jump in initial costs. Unfortunnately, the exchange rate works both ways since you have to build it before you can collect it. If they had been constructing a mine over the last three years and were just about to start up, that would be a different story but that isn't the case here....

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Aug 11, 2015 01:03PM
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Aug 11, 2015 11:32PM
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Aug 12, 2015 12:26AM
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Aug 12, 2015 12:55AM
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