Re: TIME FOR A NEW STRATEGY

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: TIME FOR A NEW STRATEGY

posted on Feb 06, 2020 11:29AM

Golf, I'm not using 2012 numbers. 500M per year was just an example to show that long term, you can have a 100 year project, it won't affect todays value.

I think Schaft Creek will generate at least 800M per year, but that still leaves us with possibly 200M per year and a SP anywhere between 2$-4$ in maybe 10 years.