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: Reserving judgement

"EH needs much development work, but it's asset value is undeniable"

Undeniable you say? It's value was based on a fairness opinion which comes from a third party firm.The EH deposit only has inferred resources , much less tonnage than SC and similar grades. It also needs a lot of exploratory drilling to add resource. The fairness opinion for it is not based on the value of the metal in the ground, it's based on an average share price. A very good example of this was the Youngmoney post about the optimization that Taseko did on the YMI Harper Creek project. How many here looked at the other side of that story to see how badly screwed the YMI shareholders were subjected to. Taseko paid $ 15 million for the 80% of YMI they didn't already own. That's about 3 billion lbs cu reserves(not resource) for a tiny fraction of the metal value. The fairness opinion for that transaction was done by Evans& Evans, who also did EH. They based their opinion on average share prices prior to the transaction. The point of all this is the fact that you can have billions of lbs copper supported by a FS and still get very little if you can't find someone to buy you out at the NAV. That's the risk we face at SC if Elmer can't find a buyer and why our share price is so low. The market has not been presented with any information from Elmer that suggests he will be able to sell SC. It's time.

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