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: What's our 25% of SC worth?
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Sep 24, 2021 09:40AM

''That's currently 50% of 5.8B CAD (in 2011 dollars), where for our 25% of SC, that's all covered.''

MoneyK, you are BSing here and you know it.

You know that Copper Fox's share of capex is not ''covered''.   It is just guaranteed to receive financing through the operator.  You know very well that Copper Fox still needs to pay for 25% of the capex out of future cashflows, plus interest on top.

But you keep using terms like 'carried interest' and 'capex covered' which mean a pre-paid or free ride.  I know your job is at stake now but please, keep it real dude. 

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Sep 24, 2021 10:13AM
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