Re: Fair value offer

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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youngmoney

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Re: Fair value offer

in response to

Re: Silver streaming

MoneyK

posted on Dec 12, 2020 01:54PM

MK, in regards to value.....

Elmer has publicly stated fair value is based on NAV (net asset value) of projects. The board of directors will determine a price based on these factors (as stated by Elmer in the conference call):

1) Updated NPV of Schaft Creek (based on several studies completed to date)

2) Exploration potential (M&I and inferred metal not included in mine plan and district zones of mineralization- Discovery and Mike Zones)

3) Contractual agreement terms (Laird shares, milestone payments from Teck, carried to production clause- free ride for another development partner)