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: Gold Fox
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If you look at the latest corporate presentation, it clearly shows that:

1) copper is 62% of the revenues at $3.25 US

2) gold is 24% of the revenues at $1445 US

232 000 0000 lbs x 3.25 = 754M in revenues for Copper

To have equivalent revenues from Gold:

754M / 201 000 ounces = $3,751 US

Even using Copper at $2.60 US, Gold would still need to be over $3,000 US to become the primary source of revenue.

MoneyK

 

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