Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: What if...

Cuu 400x400

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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Jun 28, 2019 01:24PM

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Jun 28, 2019 03:05PM

MoneyK

MoneyK

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Re: What if...

in response to

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posted on Jun 28, 2019 03:13PM

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Yes, should be "B"... and getting back your initial investment in 2 years is not 40% IRR. Double your money in 2 years is 40% IRR.

With optimization, I think it they could double their money in 2-3 years, which means an IRR anywhere between 25% and 40%.

What are you trying to point out with the extract of the new release?

MoneyK

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