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%)

Free
Message: Re: $US28.50 silver
3
Aug 06, 2020 01:45PM
1
Aug 06, 2020 01:56PM
3
Aug 06, 2020 02:26PM

So based on new resource estimate at SC....

We have 62 million ounces of silver....

Why not use Teck Resources' method of calculating reserves and include all MI&I ?  Like they did with their calculation of a QB2 ROI ?

Therefore, for the purposes of any discussions on the value of Teck's Schaft Creek project, we have a minimum of 99 million ounces of silver MI&I.  That's $2.8 Billion US in value at current spot, or $3.7 Billion Cnd.  And the value of silver is only 2-3 % of the value all metals.

Don't forget OK?  Going forward we use the same value calculations method and  assumptions as Teck uses for their own purposes.

You wouldn't want to be caught making apples to oranges comparisons undervaluing Schaft Creek would you?  You have your credibility to protect, right?  Got it?

2
Aug 06, 2020 02:47PM
3
Aug 06, 2020 03:08PM
5
Aug 06, 2020 03:17PM
4
Aug 06, 2020 03:24PM
7
Aug 06, 2020 04:07PM
4
Aug 06, 2020 04:10PM
4
Aug 06, 2020 04:26PM
3
Aug 06, 2020 04:32PM

Aug 06, 2020 05:16PM
6
Aug 06, 2020 05:19PM
1
Aug 06, 2020 06:47PM
2
Aug 06, 2020 07:07PM
1
Aug 06, 2020 07:19PM
9
Aug 06, 2020 08:55PM
3
Aug 06, 2020 10:12PM
5
Aug 07, 2020 12:03AM
3
Aug 07, 2020 08:47AM
7
Aug 07, 2020 09:14AM
4
Aug 07, 2020 12:51PM
6
Aug 07, 2020 01:35PM
1
Aug 07, 2020 02:29PM
2
Aug 07, 2020 02:39PM
5
Aug 07, 2020 03:01PM
4
Aug 07, 2020 03:26PM
Share
New Message
Please login to post a reply