Re: Copper on the move

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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golfyeti

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Re: Copper on the move

in response to

Copper on the move

youngmoney

posted on Dec 10, 2021 01:15PM

Also our pea using Moly at 10$!!! Even the 2013 report used 20$!

The 2013 FS used only $16.80 (see page 32 ): "The prices used include US$2.97/lb for copper, US$16.80/lb for molybdenum, US$1,256/troy ounce for gold and US$20.38/troy ounce for silver. Metal recoveries applied to the copper-equivalent calculation include 60.9% for molybdenum, 70.6% for gold and 43.4% for silver. Table 1.1 provides a summary for the entire Schaft Creek Resource"

Spot Moly is at $44.75 USD ! https://tradingeconomics.com/commodity/molybden