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%)

Free
Message: Moly

Nobody is talking about Moly, but it's currently trading close to $20 per pound and increasing.  With 10Mlbs produced per year, that's significant additional cash flow for a by product vs. $10.

At today's spot price, the cost to produce a pound of copper (net of by-products) at Schaft Creek would be around ($0.60)... yes... that's even better than the ($0.32) everyone had wet dreams about!

IMO.

MoneyK

Share
New Message
Please login to post a reply