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: Copper at $2.97
3
Aug 16, 2017 01:40PM

Thank you for the info. Radagast...No worries imo though...

H V is Producing Money, so can likely raise some in-house funding from this -they wouldn't operate if not.     Bankers love Credit financing for assets too.

This a mature asset (lower cost of production/Tonne due to many years of Mine ore sales, equipment payout,  and asset amortization)....22 years more of the same thing is great for our partner imho!

Smart larger Miners desiring to produce for 50 years & more are looking for long term quality Mines in safe areas----              sounds a bit like us!

 

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