Re: New video- fair value $2 with outdated economics

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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tired digger

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Re: New video- fair value $2 with outdated economics

in response to

Re: New video- fair value $2 with outdated economics

uknowzit

posted on Aug 20, 2024 08:38AM

I feel your pain. It's also been a long journey for me. We all want it to end with the best possible outcome. My comments were predicated on the assumption that with $25-40 million even ES could improve the remaining assets in 2-3 years and get the company sold for a fair value.

However on reflection I think you are correct. ES and EE would probably blow the surplus on more marginal assets and pass them on to their grandchildren.