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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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Message: Copper Fox Announces a Positive Feasibility Study on the Schaft Creek Deposit

Stockfriend, let's call a spade a spade here. The economics of the mine are not very impressive. A 10 percent IRR before tax and using $3.25 copper is not very impressive. There are several good aspects of the BFS, but it's completely fair to say that the BFS optics are not the strongest.

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