Re: Continental Gold bought up by China's Zijin

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: Continental Gold bought up by China's Zijin

posted on Dec 03, 2019 07:34PM

It's not rocket science to plug estimated future cash flows in a calculator and figure out a magnetude of NPV.

There was a sensitivity table in the previous report that can give us a good idea of the minimum one could expect.

If you believe Teck or anyone will pay a huge premium for metal that will be extracted in 100 years, please refer back to your own post concerning the value of money in time.