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: Re: Question and Answer Colin
18
Sep 12, 2021 08:02PM
8
Sep 12, 2021 10:28PM
5
Sep 13, 2021 02:22AM
4
Sep 13, 2021 03:25AM
6
Sep 13, 2021 08:44AM
5
Sep 13, 2021 10:43AM

It would have been much more difficult to include them in the BFS for several reasons. First the BFS had to be accepted by Teck under the terms defined in the Salazar agreement in order for CUU to earn the Indirect interest. Then Teck could exercise a Back-in-Right for either 20, 40 or 75% interest. That's a lot of assumptions to consider in the financial analysis so they took a path of least resistance and ignored them. I would have at least tested the sensitivity to understand potential impacts. In the May 13 press release they said the pre-tax was nearing completion. I don't believe the information given to investors that they have been only working on the post-tax analysis for the last 4 months. Now we'll find out what very shortly means.

2
Sep 13, 2021 02:24PM
13
Sep 13, 2021 04:08PM
3
Sep 13, 2021 06:32PM
11
Sep 13, 2021 11:12PM
4
Sep 13, 2021 11:33PM
3
Sep 14, 2021 10:01AM
7
Sep 14, 2021 10:09AM
2
Sep 14, 2021 11:21AM
3
Sep 14, 2021 11:59AM
Share
New Message
Please login to post a reply