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Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt

Recent Results Include 6.69% Copper Over 71.69 Metres and 3.74% Copper Over 21.77 Metres

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mbgld

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posted on Jul 21, 2008 09:09AM

So 4 million tonnes translates into 4 billion kg, which translates into 8.8 billion lbs @ 85% recovery(conservative side) we get 7.5 billion lbs of copper only. No credit for the other minerals. AT $3.00 copper we get 22.5 billion dollars(I feel like Dr. Evil, Bwaahahaha, sorry couldn't help it).

Nice number, but what does it mean?

In relation to other properties available?

What do companies that are buying assets value copper in the ground?

How much will valuation change for VMS since we are so close to infrastructure?

etc

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