Back of the napkin: Arizona undervalued?

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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Back of the napkin: Arizona undervalued?

posted on Mar 16, 2014 12:37PM

On July 9, 2012, Copper Fox bought the Arizona properties from Bell Copper for 2M. Our share price that day was $1.19. There has been a 77% decline in our share price since that day. Assuming all assets of Copper Fox have fallen equally that puts the Arizona properties at $460,000. I know that we are all looking to find the true value of CUU while we are waiting. While this back-of-the-napkin calculation is quite simplistic, it does give a different perspective on the undervaluation of the company. Reread the NR for July 2012. Is it really worth 460k? I am sure there are others in this forum who do this stuff for a living so I'd appreciate your comments. SF

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