Re: Would you be happy if

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

YourNadir

Rank: President [?]

Points: 11595 [?]

Votes: 145 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Would you be happy if

in response to

Would you be happy if

deeppocket83

posted on Nov 23, 2015 03:24PM

we got a buy out of 75 cents / share in tck.b shares?

I'd essentially break even, then have to wait on Teck's recovery, which could be months, could be years.

So this entire venture would then ultimately prove profitable but unless we realize multiples from Teck, it might not prove to be a great investment divided over the several years I was stuck in it.