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: Another neighbouring project gets bought out!
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Another neighbouring project gets bought out!
9
youngmoney
Nov 09, 2021 10:02AM
Re: Another neighbouring project gets bought out!
10
kinte
Nov 09, 2021 10:14AM
Re: Another neighbouring project gets bought out!
2
remedy
Nov 09, 2021 10:28AM
Re: Another neighbouring project gets bought out!
5
MoneyK
Nov 09, 2021 11:23AM
Re: Another neighbouring project gets bought out!
10
golfyeti
Nov 09, 2021 11:42AM
Re: Another neighbouring project gets bought out!
7
MoneyK
Nov 09, 2021 11:47AM
Re: Another neighbouring project gets bought out!
8
MoneyK
Nov 09, 2021 12:04PM
Re: Another neighbouring project gets bought out!
5
sibiu2
Nov 09, 2021 12:04PM
Re: Another neighbouring project gets bought out!
4
MoneyK
Nov 09, 2021 12:11PM

This company was sold for around 25x the earnings per share.  Pretty crazy stuff if you ask me.

Somebody was willing to pay $3.5B CAD upfront for a company generating $120M US to $170M US of FCF per year, with 12 years remaining + potential.

They must like the potential and/or expect a step change in the gold price in a near future.

MoneyK

6 Recommendations
Re: Another neighbouring project gets bought out!
7
calvin123456789
Nov 09, 2021 01:06PM
Re: Another neighbouring project gets bought out!
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chuckalau2
Nov 09, 2021 03:10PM
Re: Another neighbouring project gets bought out!
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Orcinus
Nov 09, 2021 03:46PM
Re: Another neighbouring project gets bought out!
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bigbuck
Nov 09, 2021 04:32PM
Re: Another neighbouring project gets bought out!
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sibiu2
Nov 09, 2021 04:49PM
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