Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Cuu or Lvn

Spitfire191

Mar 20, 2019 11:08AM

youngmoney

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Re: Cuu or Lvn

in response to

Cuu or Lvn

Spitfire191

posted on Mar 20, 2019 11:30AM

CUU is your winner! Add if you can when you can.

We could be gone any day now. Teck and Copper Fox have their JV meeting end of month so hopefully they will present the final results of desktop studies (only a few months late).

Once we get the updated economics, we should be able to sell our share of the deposit for a great price, close to or higher than the advertised 92 cents NAV. The JV has learned a great deal since 2013 that the public is not aware of.

The 92 cent NAV is mostly from Van Dyke! So updated economics on SC could push that value closer to over $2 NAV. Our buyout would be within that range I believe.

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