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: Back to the table
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Sep 01, 2016 01:49AM
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Sep 01, 2016 09:08AM
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Sep 01, 2016 09:19AM
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Sep 01, 2016 10:15AM

For my example (150 million) I extrapolated that teck would partner up with someone for 49%.

This splits the 300 millions almost in two... therefore 150 million. :)

My understanding is that 90% goes back to reimburse the initial investment, but 300 millions is only the 10% which is immediate cash flow.

MoneyK

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Sep 01, 2016 08:38PM
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Sep 01, 2016 11:01PM
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