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: TCRC
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Teck loves talking about QB2.

 

Look at what they did there.

April 4th, 2018 - Purchased 13.5% ownership of QB2 for $262.5 million.  Full value at $1.94B

(Take away up to $100million clause if copper is over $3.15 etc etc.... that's $162.5 million at a $1.13B valuation basically the 2017 after tax npv ($1.253B)

In 1 year, sold 30% to SMM for $1.2B. Full value at $4.00 B.

 

So what exactly did they do in 1 year to really double the value of QB2? lol

 

 

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