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: Copper Fox vs. QB2
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My apologies, I didn't consider other metals for Schaft Creek.  See below the revised numbers.

 

QB2 has (only considering Cu):

14B (P&P) + 11.1B (M&I) + 17.5 (I)

30% sold for 1.2B / 42.6B = 0.028$/lbs

 

Copper Fox (all projets) has (using CuEq):

10.2B (P&P) +12.9 (M&I) + 4.3B (I)

Total: 27.4B x 0.028$/lbs = 767 Million

 

Seems about right!

 

Please correct me if I'm wrong with my calculation.

MoneyK

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