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: Teck's buy back plan
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Dec 05, 2020 07:11PM

All my shares are in TFSA or RRSP, I could not care either.  I would not rely on the QB2 deal 100%.  They had a lot less options with that project.  With gold close to $2000, that changes the picture significantly. 

Streaming gold is also a way to de-risk a project.  Do you prefer to stream 1M ounces of gold and lose only 1B of profit over mine life or sell 30% for the same price and lose 30% of all the profits?

For me the choice is obvious...

MoneyK

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Dec 05, 2020 11:24PM
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Dec 05, 2020 11:37PM
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