Agoracom: Small Cap Investment - Copper Fox Metals Inc. - M&A in industry- Cardinal Resources

Copper fox metals

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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youngmoney

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M&A in industry- Cardinal Resources

posted on Jun 18, 2020 10:45AM

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https://www.globenewswire.com/news-release/2020/06/18/2050225/0/en/Recommended-All-Cash-Takeover-Offer-of-Cardinal-Resources-by-Shandong-Gold.html

This resource developer getting 60 cents a share (around 300 million for a 5 million ounce gold deposit in Africa).

SC worth more? I say yes.

100% cash takeover offer from Shandong Gold at a price of A$0.60 per Cardinal share

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