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: Re: News Leak
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Jan 13, 2021 04:11PM
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Jan 14, 2021 01:38PM
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Jan 14, 2021 01:51PM
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Jan 14, 2021 01:57PM
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Jan 14, 2021 03:18PM
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Jan 14, 2021 03:26PM

I guess we disagree about the value of the VD deposit. This should be sitting at 70 to 80 cents right now.

- We have 1.1 billion lbs of copper in the deposit, being sold at an average cost of $3.15 USD/lb

- Cost of extraction is $0.98 USD/lb

- That's 2.3 billion US dollars worth of copper

- Mine costs will be paid off in 2 years.

As others have pointed out:

- costs are in US dollars not Canadian

- 30% of the intial capital expenditure is set aside as a contingency

What am I missing?

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Jan 14, 2021 05:26PM
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Jan 14, 2021 05:56PM
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Jan 14, 2021 06:06PM
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