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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Assuming the below numbers...

Capital cost: 2.5B

Financing 50%: 1.25B

Leaving Teck with a 1.25B equity

Cash Flow: estimated at 622M per year (75% of the project)

Teck's estimated pre-tax IRR: 20%

That without any improvements, just taking into account the current exchange rate.  It does not even take into account any patnership that would drastically increase Tecks IRR.

Assuming that the above is minimum, I'm still ok with my investment.

MoneyK

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