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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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When I have read MKs napkin estimates and heard value of 3-4 billion npv, your calculations seemed reasonable....how do we end up at 1.4 billion?  Where was the big miss?

Seems to be a big difference in resources.  Compare this May news release to today's news release.

https://copperfoxmetals.com/news/copper-fox-provides-update-on-schaft-creek-pea-83848/

M&I of 7.764.47 billion pounds copper, 6.97 million ouces of gold

Today's PEA news release has 5.0 billion pounds copper and 3.7 million ounces of gold. 

It's a copper/gold heist!!

 

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