Re: While we wait...

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: While we wait...

posted on Jun 16, 2020 07:35AM

Like this conclusion:

Conclusion

Combine shrinking inventories with probable labor disruptions in Chile, add in all the demand factors outlined above, and you have the perfect storm for copper. Many copper watchers were expecting the essential industrial metal to take a big hit from the coronavirus, but if current market fundamentals continue, we might even see copper posting a 2020 gain on economic recovery momentum.

That would be great for copper explorers, and their investors, who know the best leverage against a rising copper price is to own an early-stage junior with a sizeable and scalable deposit in a mining-friendly jurisdiction.