Copper Price

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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MoneyK

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Copper Price

posted on Jul 01, 2016 08:18PM

Did a quick comparaison between 2010 & 2016.

In March 2010, before the great run-up started, copper was around 3$USD with an exchange rate of almost 1 for 1, therefore 3.00$ CAD.

In July 2016, copper price is now 2.21US with an exchange rate of 1.29, which is equivalent to 2.85$ CAD.

If there`s a strong correlation between the price of copper and the moment CUU starts to move, we would be pretty close a run-up if 2.60$ USD is Elmer`s target before year end.