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: Copper price defies pullback predictions

“Any price pullback to $7,600 should be used to build longs. We expect copper prices to reach $9,500 by mid-2021,” analysts at UBS said. They expect copper supply to rise 2.9% this year and a deficit of 469,000 tonnes.

 

In a handful of months....$9,500/t = $4.30/lb USD ?  = $5.50 CAD !?!  Against MoneyK's All-in cost of $1.50/lb USD that would represent about $4 CAD of pure margin per pound of CUeq!   Holy CASH COW!!  Throw that in your discount pipe Don!

MoneyK, please check my math (and yours about $1.50 all-in, CAD or US ?).  I must be oversimplifying somehow. The profit margin is out of this world!! 

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