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: Another neighbouring project gets bought out!
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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

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