Re: Gold

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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Pindundrjeep911

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Re: Gold

in response to

Re: Gold

youngmoney

posted on Aug 14, 2019 11:00AM

I'm pleased with the increase in Gold and Silver, but...if they're increasing in price due to market jitters and a bleak world economic outlook, how does this help us? Without doing calculations I see a recession/depression placing downward pressure on Copper prices, and CUU is promoted as a Copper play with the benefit of having 3 other metals. If Copper drops, and Gold and Silver increases would this maybe be a wash for value?

Not being negative but just looking for feedback and perspectives on this possible schenario.