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%)

Reply New Message

Back To Forum List View

Moly

bostrin

Mar 20, 2021 07:51PM

Re: Moly

drent

Mar 20, 2021 11:01PM

Re: Moly

MoneyK

Mar 21, 2021 08:48AM

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: Moly

posted on Mar 21, 2021 10:29AM

Assuming our 25% for SC will be worth 800M at this point and assuming an investment should yield, very conservatively, 15% per year, our 25% would need to increase by at least 120M per year to make it worth the wait. That would mean the SCJV would need to increase the value for 100% of the project by minimum 480M per year.

With the 2021 program, I dont see this happening.

IMO

MoneyK

3 Recommendations

Re: Moly

3putt1

Mar 21, 2021 11:18AM

Re: Moly

drent

Mar 21, 2021 12:29PM

Re: Moly

MoneyK