Re: Copper’s comeback!

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: Copper’s comeback!

in response to

Re: Copper’s comeback!

ducks

posted on Jul 09, 2020 07:30AM

When Copper & Gold increases to a certain level, it has positive impact in many ways.

1) It could influence the long term consensus price used for evaluating our NAV

2) It could attract investors in our sector and finally get the share price moving significantly

3) The higher the prices, the higher the profit for majors, the thicker their wallet gets and the better our chances to get sold at a reasonable price.