You can go out and pick another company and win 20% then / or lose 30%...but with CUU you are accumulating a sure thing..to get 600% +
BurningROF: These are the types of comments that get you in trouble Vette. Keep in mind people that this is merely Vette's opinion. Although he almost states it as fact (i.e. "sure thing"), this is merely conjecture.
Conjecture?
http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/522412-from-pdac/messages/1655574#message
Chappy's discounted cash flow analysis got $5.51 using current 3 yr average metal prices: Cu $3.43, Mo* $15.00, Au $1,311.00, Ag $24.75.
My prices* Chappy's
Increase over Chappy's
CU 2012 3-year av. $3.86 $3.43 12%
AU 2012 3-year av. $1496 $1,311 14%
AG 2012 3-year av. $29.33 24.75 18%
*My 3-yr average prices projection for Q4 of 2012 (assuming today's metal prices stay flat till Q4 2012) are approximately 15% higher than Chappy's - just eyeballing it.
Now take Chappy's analysis result of $5.51 per share and multiply by 15% and you get $6.63. Yes very crude attempt at showing how easily the SP can increment will metal prices, but there it is and on nothing else but a reasonable projection of late 2012 3-yr av metal prices.
Oh yeah, and $6.33 would be just the Paramount zone..., no other zones, no other properties subject to back-in, no properties not subject back-in Mess Creek etc etc and no pit optimization. So $6.33 before any kind of exploration potential premium or other premiums gives me signifant confidence that a 600% gain is NOT just conjecture.
