Re: Fair value for 25% of SC

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

Prev Message Back To Forum Threaded View Next Message

youngmoney

Rank: Treasurer [?]

Points: 8367 [?]

Votes: 128 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: Fair value for 25% of SC

in response to

Fair value for 25% of SC

MoneyK

posted on Jan 14, 2023 12:04PM

Think higher!

800M U.S should be the absolute minimum considering where copper and gold is today! And only going higher as copper hits over $5 near term and $6 to 10 dollars longer term.

500-600M would be okay if we used 3.25 copper, not $4 copper though as consensus. That's why Elmer is waiting....I hope for the higher values. I didn't wait 15 years for 500m buyout.

1.2 billion buyout shouldn't be out of the question either considering the JV clauses and district potential of the land producing for the next 200 years! Safe area....and the free cost to production (unheard of in mining industry)!