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: Royalties
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Royalties
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MoneyK
Jul 23, 2019 08:18AM
Re: Royalties
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CuuVenturer
Jul 23, 2019 11:36AM
Re: Royalties
3
MoneyK
Jul 23, 2019 12:29PM
Re: Royalties
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Linsickel
Jul 23, 2019 02:15PM

I think it would be more in the area of 10-15 times.

People investing in the mining sector would not take the risk for only a 5% dividend per year (20x EPS).  They would probably get a blue chip bank or something instead.

But again, if copper prices double, the dividend would also more then double, along with our share price.

Per example:

Copper at 3.25$ = 70M / 495M = Share Price between 1.41 and 2.12

Copper at 4.25$ = 70M + 25M = 95M/ 495M = Share Price between 1.92 and 2.88

MoneyK

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