Re: Elmer

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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golfyeti

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Re: Elmer

in response to

Re: Elmer

golfyeti

posted on May 23, 2023 01:21PM

Darn, I checked my math and the following should have been shown:

$1,200,000,000 / 548,900,000 = $2.19 (not $2.28)

$2.19 / 3.15 = 69.5%: representing 30.5% dilution.

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