Re: Company worth about to be revalued?

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: Company worth about to be revalued?

in response to

Company worth about to be revalued?

youngmoney

posted on Jul 26, 2020 03:35PM

I also believe that 2B is a bare minimum... and that we might be somewhere closer to 3B.

The QB2 2016 FS was estimating 5 years to build the mine. Seems like Teck is now targetting a construction in about 3 years.

The Schaft Creek 2013 FS was estimating 6 years for the built. If they can shrink this to 3-4 years due to better access, allowing to build the mine with a modular concept approach (also cheaper to build this way), that should also have great impact on the numbers.