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%)

Free
Message: Is This Why Teck Shares Are Soaring?
LaVerde (CCY) PEA issued Dec 3/12 A B C
Copper/LB $ 2.70 $ 3.64 $ 3.00
NPV 8% 617,000,000 2,342,000,000 1,148,000,000
TECK 60% less $20 million 350,200,000 1,385,200,000 668,800,000
CCY interest 40% 246,800,000 936,800,000 459,200,000
# of CCY shares-fully diluted 321,075,000 321,075,000 321,075,000
NPV/share CCY $ 0.769 $ 2.918 $ 1.430
Market price CCY $ 0.060 $ 0.060 $ 0.060
Market price CCY as % of NPV-8% 7.8% 2.1% 4.2%

Teck has 40% interest in LaVerde and can bump up to 60% by spending $20 million within 3 years. Or can let its 40% go to CCY for $20 million. It will definitely keep this asset!

Share
New Message
Please login to post a reply