RE:The Old-New Reality of Copper Fox MetalsKeep in mind that the very conservative PEA is now providing an after-tax IRR of 13%. QB2 was sanctionned at 16% (with copper at $3.25) and there's still plenty of room left to reach a similar IRR. Teck also has a massive CDN tax credit that can bump that IRR instantly.
Ernesto has only been protecting his investment/ownership for the last decade. Did his ownership increase significantly since day one? The answer is no. You can say all you want, but without him, our investment would probaly be down the drain at this point.
IMO.
MoneyK