Re: SC - Cost of Copper net of Credits
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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%)
Message: Re: SC - Cost of Copper net of Credits
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It is highly doubtful that Teck updated that slide based on the result given a few days before... These slide presentations take a long time to create. Our project is simply one point of seven points which is simply one slide of 172 slides.
Also why would they update their numbers when this update is only a part of the bigger expected PEA report. Also, in their slide they state "Scoping Study being updated. ".
So, I strongly believe that the $0.60-$0.70 number doesn't reflect the new operating cost. But I'm sure that the calculations are more complicated than I'm presenting. The question to me - is how much better?
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