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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MoneyK

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Comparaison

posted on Apr 15, 2021 08:41PM

Was quickly looking at Surge Copper also located in BC. They have a PEA showing a NPV (5%) of 186M after-tax and currently trading with a market cap around 55M... so around 30% of their after-tax NAV.

VD is roughly 800M CAD after-tax and hoping for at least 600M CAD after-tax for our 25% of Schaft Creek.

30% x (800M + 600M) = 420M CAD... and that's using a very conservative discount rate of 8%.

Still lots of value to be unlocked and that's only for two of many more properties! Not many explorers out there with high quality advanced projects in the pipeline!

If Elmer said he things it's low risk at these levels, he probably has good reasons to say it.

IMO.

MoneyK

4 Recommendations

Re: Comparaison

MoneyK

Apr 16, 2021 09:14AM

Re: Comparaison

MoneyK

Apr 16, 2021 09:28AM

Re: Comparaison

youngmoney