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: M&A in industry- Cardinal Resources

How did you get to $3-4 billion SC valuation? Secondly is this CAD or USD?

 

If CAD, I assume value will be $2.25-3 billion USD?

 

QB2 was worth $2.4-4.2 billion USD based on $3-3.5 copper price.

 

However QB2 first 5 years cash flow is almost double of what SC is based on 2013 study.

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I look at it this way. SC contains 5.46 million tonnes of cueq.  That's ~ 12 billion pounds.

 

3 billion pounds for our 25%.  Market M&A been around 10 cents per pound. That's $300 million USD.  Or $390 million CAD.  78 cents per share at the very minimum I feel.

 

You add value by in Canada, gold content, exploration potential, and financing clause ofthe JV.

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