Re: Let's state the obvious......
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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%)
Message: Re: Let's state the obvious......
Chowdah...At risk of beating my head against a wall... If EE was worried about a quick return on his cash, he would have sold on the first offer at the height of CUU and metal prices. EE has not 'generated any income' from day one. EE has confidence in Elmer. Elmer has confidence in his model and is working to make SC the best it can be. In his words to me... "we have one kick at the can".
TCK not backing into a $3B+++ NPV deposit for $250m is not smart in any market.
Cuu's sp has never been correlated to metal prices. Please show us.
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