Re: Gold streaming

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: Gold streaming

in response to

Re: Gold streaming

golfyeti

posted on Dec 14, 2020 12:10PM

No offense to anyone, but you can't only make a simple calculation like CUUVenturer did to appreciate the option of streaming gold.

Getting money upfront has a value and saving interest also has a value.

Not quite sure why you say Silver is not in the plans? The mine is supposed to extract over 1M ounces per year. Wheaton just paid 150M US upfront for that kind of output.