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: New Gov?
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Suncor's price to mine in the oilsands is currently $29 per barrel Canadian. Prices of $90 break even for Fort Hills are ridiculous. They recently picked up another 10% off Total for $310 million giving them 51% of the project and controlling position. Even at $45 dollar a barrel US they are producing close to a billion dollars of free cash flow, nobody knows how to make profits in the sandbox better than Suncor! Alberta has nobody but themselves to blame right now because they threw all their eggs into one basket (US) in selling 90% of their oil at a reduced price and didn't build any upgrades or refineries when times were good!!
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