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: M&A- resource explorer and developer...

Integra did not get this money for its gold.

The buyer did not buy  ounces of gold.

The buyer bought grade and  projected profit.

The same ounces 2km down,in unfavorable geology,unfavorable chemistry-recovery,unfavorable country have zero value.

An ounce in the form of a nugget  on the ground by your leg, is worth a thousant times more than an ounce spread in a hundred cubic meters of deep underground rock.

Grade is king not ounces.

WTFDIK  but anyway  my 2 cents

 

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