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%)

Message: Copper Fox vs. QB2

From your last set of numbers you had  "10.2B (P&P) + 2.7B (M&I) + 11.3B (I) " , which now would change to 10.2B (P&P) + 2.7B (M&I) + 5.5B (I)   = 18.4B. So 18.4 * .093 * .25 * 1.3 = 556 milllion CDN. Then there's another 50 million that resides in the JV agreement which is additive to the metal valuation. Then there's the challenge to convince a buyer to use the same value calculation when there are other acquisitions to choose from. We'll see what Elmer can do, or not. The market is not convinced we're close to making a deal. I've bought all the shares I want and have a low enough average to survive even a fire sale. 

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