Re: Copper up again in after hours- $3.62

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 up again in after hours- $3.62

in response to

Re: Copper up again in after hours- $3.62

golfyeti

posted on Dec 11, 2020 02:01PM

They don't need to wait. It would be easy to setup optional Teck payments if copper averages above X dollars for the first X years of production, similar to what Teck did with the QB2 minority interest.