Thanks for the reminder that these SC NPV's are opinions.  The comparision the Treasury Metals NPV with the VD NPV (which is published fact) shows how much undervalued we are.  

Interesting how Gold mines have a much lower discount rate.  I would have thought that they would be equally risky but what do I know.  It is amazing thought how much of a different that makes to the NPV number. 

I also thought it was interesting that management of Treasury Metals has already made the decision to do a Pre-Feasibility Study.  Copper Fox management has not yet made that decision.