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: Long Term Copper Prices

With the PEA using Copper prices of $3.25, most of us know that is not even a realistic number. So, while we wait the copper prices seem to be steady above $4.25 and probably remain that way (if not higher) with the world turning to a green environment. So at some point, hopefully sooner than later, we should be seeing projects using closer to $4 copper as the benchmark. Say in one or two years, with more TECK improvements and a $4 copper price how would that affect our NPV. I know there were some #'s for improved metal prices but I think that may ultimately be our chance to increase our value with both Projects in the near term. 

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Nov 04, 2021 11:57AM
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