Re: M&A news- Corvus Gold Resource Developer like CUU getting 500CA million buyout!

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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Re: M&A news- Corvus Gold Resource Developer like CUU getting 500CA million buyout!

in response to

M&A news- Corvus Gold Resource Developer like CUU getting 500CA million buyout!

youngmoney

posted on Jul 13, 2021 07:52PM

That's their valuation when using $1500 US for Gold!

When using $1200 US, the after-tax NAV (5%) for both projects falls to around $200M US.