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Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Copper Fox Metals Inc. is a Canadian resource company focused on copper exploration and development in Canada and the United States. The principal assets of the Company and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. Its other projects include the Eaglehead Project, the Sombrero Butte Project, and the Mineral Mountain project. Eaglehead is an advanced exploration stage polymetallic porphyry copper project located about 50 kilometers (km) east of Dease Lake in the Liard Mining District, British Columbia, within Tahltan territory. Sombrero Butte is a Laramide age, exploration stage, porphyry copper project located in the Bunker Hill Mining District.


TSXV:CUU - Post by User

Bullboard Posts
Comment by amartino85on Oct 14, 2010 4:30pm
274 Views
Post# 17566022

RE: RE: RE: 51 BILLION

RE: RE: RE: 51 BILLION
Ounces/Pounds   Price   Estimated Value
Copper               7,700,000,000.00 3.80   29,260,000,000.00
Gold                     8,100,000.00 1,375.00   11,137,500,000.00
Moly                  584,000,000.00 15.00    8,760,000,000.00
Silver                   69,400,000.00 24.44    1,696,136,000.00
 Projected revenue          50,853,636,000.00
 Less: Capital exp  2,900,000,000.00
 Pre-tax cash flow          47,953,636,000.00
 Assume 31% tax rate                        0.31
 Taxes    14,865,627,160.00
 After-tax cash flow          33,088,008,840.00
 Discount rate                        0.18
 After-tax discounted CF     5,811,573,825.55
 25% interest     1,452,893,456.39
 Shares outstanding  352,000,000.00
 Share price                        4.13
 Mine life  22.6 years
IRR 8%
Tax rate 31%
Lone and behold my valuation is it perfect? Hell no.  I am almost certain there are a million more things that need to be factored into this analysis, but then again put 100 valuators in a room and you will get 100 different answers.

Do I think the current share price is fair?


In a sense yes because of the uncertainty in the markets.  However there is great potential that still lies ahead - the resource is likely deeper (hopefully the grades will improve as well), hopefully cap exps come down as well, I think that using today's metal prices is also a bit optimistic and an avg price should be used as currently some metals are at historical highs gold in particular.

Now I am in no way an expert in mining stocks but try and do the best I can with my finance/accounting background.

And to Vette sorry if I made it seem like I was ripping on you that is not my intention by no means.

amartino85
Bullboard Posts