CUU home page + Tech Back-In Back-of-Napkin Calculations

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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stockfriend

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CUU home page + Tech Back-In Back-of-Napkin Calculations

in response to

Re: The beach is waiting for me...

Moguely

posted on Feb 28, 2012 01:03AM

Dear Fellow Investors:

I am really liking the Copper Fox Home Page and how the Teck back-in is clearly spelt out.

In looking at this, it occurred to me that if Teck must spend $300,000,000 to earn back 75% that works out to .77 cents per share alone.

Given today's share price is $1.41, that leaves only .64 per share for the entire Schaft Mining District.

When you look at the math this way, we are H U G E L Y undervalued.

Anyways, this was a little back-of-the-napkin calculation, I would welcome any comments in this regard.