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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Message: Re: Fair value for SC
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Jul 05, 2021 02:49PM

First, I don't buy the significant crash and recession theory.  I'm a roaring twenties believer. 

Everything sets up just like the last post-pandemic roaring twenties, except even better this time with lower unemployment and all the helicopter money that has been showered over near everyone.  The pandemic slowed spending and now everyone is cashed up, pent up, and about to bust out and spend like drunken sailors on shore leave.

There's on old adage that it is Central Banks that cause recessions with their over-zealous rate increases to tame any sign of inflation.  Central banks these days are inviting inflation and even vow not to smother it even if it symetrically overshoots their target.  They are calling any inflation projection as transitory.

Central banks now have tens of trillions of (debt) reasons for keeping interest rates pegged very low to keep their debt payments affordable and all of the above is very supportive for capitalism and equity investing, and especially in companies with hard assets...

But yeah, hurry up anyway Elmer!!


JMHO

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