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%)

Free
Message: Re: M&A
M&A
4
Mar 13, 2022 09:02AM
7
Mar 13, 2022 01:19PM
3
Mar 13, 2022 02:09PM
1
Mar 13, 2022 02:48PM
6
Mar 13, 2022 03:15PM
2
Mar 13, 2022 03:16PM

Did you use the market cap from 2019 when the PFS was released? It would have cost BHP a lot less to acquire 5% of the company back then. They went from ~ 2.50/share to about $ 14/share before BHP acquired 5%. Plus you can be sure BHP would have put a lot more effort in valuing the project then you did. They would have signed a CA, acquired the drill/assay data, get their geo team to build a geomodel, run a bunch of realizations with variations in grade, thickness etc to get high, low and a P50 resource estimate. That would tell them the potential size of the prize. Obviously they liked what they saw and pushed a bunch of money over to FIL to continue drilliing to reduce the uncertainty in the resource estimate. One of the biggest reasons for the share price increase would come from the investment houses who would have produced their own resource models and recommended share purchases to their clients. The big miners scour the juniors for future deposits with their A&D teams. Newmont has acquired interests in two properties in the Golden Triangle, GT Gold and Galore. Don't you think they would have looked at SC? Bigbuck didn't get an answer from the office about Copper Fox talking to Newmont.

4
Mar 14, 2022 01:31PM
10
Mar 14, 2022 03:48PM
3
Mar 14, 2022 04:51PM
6
Mar 14, 2022 04:57PM
3
Mar 14, 2022 05:39PM
10
Mar 14, 2022 06:13PM
7
Mar 14, 2022 08:39PM
5
Mar 14, 2022 08:51PM
14
Mar 14, 2022 10:36PM
Share
New Message
Please login to post a reply