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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Message: Re: Copper Fox vs. QB2

Jan 10, 2019 08:58PM
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Jan 11, 2019 02:24AM

Thanks for all your replies, great to have the discussion.

Took the numbers of QB2 from this presentation.

https://www.teck.com/media/2017-Investor-and-Analyst-Day-Projects.pdf

Concerning the reserves, why would we use only 25% of the total reserves if comparing with the sale of 30% of an entire project?

I think we should use 100% of the ressource and assume that our 25% would sell for the equivalent of 30% QB2 no?

MoneyK

 

 

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