Re: Gold Fox

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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golfyeti

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Re: Gold Fox

in response to

Re: Gold Fox

MoneyK

posted on Mar 05, 2020 12:41PM

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

I say $2,289 US gold gets us on par with copper and I provided my numbers. You say $3,000 US gold gets us on par with copper. We're 31% apart.

It's all moot until Teck Resources plays fair ball and reveals to us the extremely material economic advancement results of their near-7 years of optimizations on the botched FS.

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