Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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old new guy

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EE

posted on Apr 04, 2024 12:13PM

I don't think EE will sell SC for less than 1.5 per share USD. He's been in this for 14 years plus and to sell SC @ 600m really is'nt that great of ROI. He see's the same metals predictions/shortages we are seeing. And probably thinks it's worth the wait if copper is going to double in price from here. He might sell for less but Teck would have to make a pretty attractive offer. Unfortunately for us EE is a multi billionair and is probably more interested in maximizing his ROI than selling out of necessity.