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: Teck's BMO slide presentation along with Project Satellite Summary is up on their website.

Teck's unlevered after tax IRR is 19%, levered it's 30%, in the sanction case. See slide 35 in here :

https://www.teck.com/media/20190225_BMO-Global-Conference-Final.pdf 

Those are great numbers for a long life project(minimum 28 years) that only accesses 1/4 of the defined metal resource. Teck is updating the economics for SC at what they call a conceptual study level. If they like what they see then they'll probably proceed with a NI43-101 report. How many years does this have to drag on before you admit there was a problem that needed fixing?

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