Copper Fox Metals Inc.

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia.

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Re: Back down copper goes

almost 13 years ago

in response to Lissibear's message

Copper was due for a correction as it has been enjoying a little run for the last few days.

The important thing right now is the 3 yr trailing average Copper price and the other metals. Right now, the average is $3.14/lb for copper. The 3 yr average has been rising steadily for the last couple of months. As also for Ag and Au.

Each cent increase in the price of copper adds about $20M or more to our NPV (by my figuring).

I am sure that the price for metals has been set for the necessary calculations in the BFS due in a few weeks.