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%)

Free
Message: Value comparisons: Mineral deposits
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Midas Gold explains it best. Another resource developer like Copper Fox that will get bought out for many millions one day.

https://www.midasgoldcorp.com/site/assets/files/2171/2018-10-19_mgc_presentation.pdf

Look at slide 18 & 21

Slide 18- Pay your attention to M&A activity and look at the stage each project was taken over at and the P/NAV multiple awarded to those companies. You will notice they were all post-feasibility staged assets and attracted a 50-120% price to Net Asset Value.

Also other resource company buyouts:

Exeter Resources- 250 million

Probe Mines- 526 million

Galore Creek-NovaGold- 275 million

Integra Gold- 600 million

Kaminak- 520 million

5 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply