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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: Re: Some more information
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I already provided it here:  https://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/700798-teck-announces-dividend-and-buyback/messages/2177548 

 

It's a conservative approach using a $/lb value from recent acquisitions at a similar project stage. Other approaches have been posted here by others. There's nothing official about it so use at your own risk. I got caught overvaluing CUU shares before the JV was signed and don't want to do that again.


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