Re: we could be a gold miner

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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MoneyK

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Re: we could be a gold miner

posted on Feb 25, 2019 08:01PM

Our turn will come.

Copper Mountain (CMMC) came out today with great news. Here's what they used for metal prices.

"The after-tax NPV for the mill expansion and integration of New Ingerbelle, assuming an 8% discount rate, is US$619 million. The economics are based on a Canadian Dollar to U.S. Dollar exchange rate of 1.32 to 1 and consensus metal pricing that varies over the initial four years and has long-term metal prices of US$3.18 per pound copper, US$1,314 per ounce of gold and US$17.75 per ounce of silver. A sensitivity analysis on varying long-term copper prices was completed on the after-tax NPV (8%) and the results are summarized below."