Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Gold streaming

MoneyK

Dec 12, 2020 12:07PM

MoneyK

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Re: Gold streaming

in response to

Gold streaming

MoneyK

posted on Dec 13, 2020 09:08AM

Teck could also stream (e.g. 8 years) of gold and pay 100% of the capex cash, no debt!

That would save them hundreds of millions in interest, keep their balance sheet intact and still generate decent cash flow years 1 to 8 that would immediately benefit shareholders.

After year 8, the full cash flow would kick in.

MoneyK

2 Recommendations

Re: Gold streaming

CuuVenturer

Dec 13, 2020 11:53AM

Re: Gold streaming

koala

Dec 13, 2020 01:43PM

Re: Gold streaming

MoneyK

Dec 13, 2020 01:46PM