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: an interesting proposition

almost 8 years ago

in response to swinter's message

That's right. Don't forget about the Highland Valley example.

"As of the end of 2005, proven and probable ore reserves totalled 318Mt grading 0.43% copper and 0.008% molybdenum. Mineral resources added a further 151.9Mt at 0.37% copper and 0.005% moly."

http://www.mining-technology.com/projects/highland/

Even with those grades, Highland Valley remains viable in today's low copper price environment. Of course it's not the cash cow it was four years ago when times were much better, but Teck has seemingly mastered the art of extracting a profit.

Speaking of Teck, their stock is on the verge of eclipsing the $30 mark. That's a long way from the $3.80 low close we saw back in January. Talk about a money-making opportunity!