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: Teck’s new idea- zinc satellite haha
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Yet, Zafranal has been for sale since 2019, that's almost 3 years ago.  Teck was looking for $500M US for their 80% stake.

https://www.reuters.com/article/mining-teck-asset-sale-idINL2N2801RI

After-tax NPV (8%) is now 1B with copper at $3.50 US.

Back in 2019, the NPV (8%) was probably closer to $500M US when the LT copper price was around $3.15 US.

MoneyK

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