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: AGM upcoming: 2 days away...

over 9 years ago

in response to golfyeti's message

Who is going? Dont tell me Elmer is preparing a new corporate presentation tonight for nothing. Is he going to be talking to himself when he addresses the shareholders? Who lives in Calgary? Go to the yearly meet! The new presentation should be up on the website after the AGM. Should be a good read with some new content.

The 171 MT of waste is valued at 4.3 billion dollars based on metal prices, recovery rates. Once the mine is in operation I assume that number would greatly improve based on higher metal prices and improved metal recovery rates. This would also reduce the "waste rock" costs and improve the operating numbers.

Just to be clear. In terms of crunching a fair "valuation" of Schaft Creek I totally agree that the 2012 FS was brutally handicapped by 171MT of rock that was...well let's say... so-easily-convertable-to-resources-but-was-missed-out-on-for-no-other-reason-than-MULYIPLE-cancelled-drill-programs-promised to shareholders making investment decisions...