Re: Value of our Shares

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

MoneyK

Rank: Treasurer [?]

Points: 8673 [?]

Votes: 62 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Value of our Shares

in response to

Re: Value of our Shares

koala

posted on Dec 16, 2020 03:10PM

In my opinion, once the VD PEA is completed, there would not be enough upside left for Copper Fox to continue with this project. Even if they drill the other zone and add more mine life, it would not increase the NAV significantly, as the revenues would be far down the road.

Maybe CF will surprise us with the sale of VD before Schaft Creek. Keep in mind that VD would also require an independant 43-101 prior to any transaction, therefore, a possible reason why they did a new PEA out of the blues.