Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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%)

Reply New Message

Back To Forum List View

Copper up huge!

youngmoney

Feb 02, 2022 09:15AM

MoneyK

Rank: Treasurer [?]

Points: 8645 [?]

Votes: 62 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Copper up huge!

in response to

Copper up huge!

youngmoney

posted on Feb 02, 2022 09:42AM

Nobody in their right mind would pay for a project based on SPOT price or above.

Copper would probably need to stay above $6 US for at least 3 years (if not more), with $6 US becoming the new absolute floor for the next decades before this is even considered.

This is why with the model, getting some optionality based on SPOT price would be interesting for us in exchange of accepting a reasonable cut on the EBITDA ratio today.

Copper Fox could diversify a portion of the business into streaming revenues with VD and all the other projects.

IMO.

MoneyK

2 Recommendations