Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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%)

Reply New Message

Back To Forum List View

MoneyK

Rank: Treasurer [?]

Points: 8673 [?]

Votes: 62 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Gold

posted on Jul 24, 2020 07:52AM

Gold is now close to $1,900 US.

That's almost 50% higher than a longer term consensus price of $1,300 US and would add around 1.4B to the NPV (8%). That's 350M more for our (25%). If we need to wait until January 2020 to officially use this value in a sale, that would be worth the wait, IMO.

MoneyK

3 Recommendations

Re: Gold

MoneyK

Jul 24, 2020 08:05AM

Re: Gold

bostrin

Jul 24, 2020 09:26AM

Re: Gold

youngmoney

Jul 24, 2020 11:00AM

Re: Gold