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: Wondering...
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Only Teck is dumb enough to sell off their coal.

 

Coal allowed them to go through the mistakes of Fort Hills and QB2.

 

Last quarter, coal was 2.5x more than their copper business.

Gross profit 10x of copper.

 

Realized copper price of 3.87 of a gross profit of 34%.

Coal being at 60%.

 

Copper needs to go to almost $6 for Teck to have matching margins to Coal.

At their projected copper production next year, Teck producing 300 million pounds per quarter, they need copper to hit $10 to match the profits generated by coal. lol

 

 

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