Agoracom: Small Cap Investment - Copper Fox Metals Inc.

ducks

Jun 09, 2022 01:47AM

Jun 09, 2022 02:37AM

MoneyK

Jun 09, 2022 08:48AM

Jun 09, 2022 10:19AM

Jun 09, 2022 11:22AM

MoneyK

Jun 09, 2022 11:27AM

Jun 09, 2022 11:44AM

Jun 09, 2022 11:52AM

MoneyK

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Re: Copper fox prisoner of Teck

in response to

posted on Jun 09, 2022 01:13PM

Newmont will pay $275M US for 50% of Galore.

Galore (100%) is about 18.5Blbs of CuEq? So they paid around $0.03 US per pound of copper back in 2018, when copper was not very popular.

Schaft Creek (100%) is about 13.6Blbs of CuEq. 25% of SC is 3.4Blbs x maybe $0.07 US these days? That's minimum in my opinion!

Let's not forget that Newmont will also need to invest another $50M US for the PFS... and later... even more funds for the FS... and later... even more funds for the construction...

...not with our 25% of SC!

Those are absolute minimum figures from my perspective!

MoneyK

3 Recommendations

Jun 09, 2022 01:32PM

Jun 09, 2022 01:35PM