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 rebounding from 3$!
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Apr 10, 2018 12:18PM

Apr 10, 2018 07:14PM
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Apr 11, 2018 06:09PM

I think if you compare the QB2 purchase from Teck recently and apply it to SC, it puts SC at around $1.40 CDN.

 

$262.5 million USD for 13.5 percent.

$19.4 millin USD per 1 percent.

 

Assume same metric for SC, it'll be $486 million USD.  Multiply it by 1.25 exchange rate.

 

$607 million CDN divide by 440 million shares.  $1.38 per share

 


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