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%)

Free
Message: Declining copper price
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Long term industry pricing matters. We aren't producers....while it's nice to see copper at 5 or 6 dollars now, we don't really benefit from it.

As long as it stays over $4, higher than current consensus pricing....we gravy!

Elmer has recent price at 3.90! That's what we are using to value our buyout.

Economics getting transformed anyways. 3.25 we used was a huge joke

7 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply