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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 coolandniceon Jan 14, 2011 1:25am
450 Views
Post# 17970616

RE: CUU share value with buyout

RE: CUU share value with buyoutMy advice:  Don't believe anyone that tells you the buyout will be higher than $2 per share.

Based on the size of the operation and the average grades a buyout in the $1.5 to $2 range is realistic.   Even if the resource estimate increases substantially the NPV won't change much because the tonnage per day and grades remain fixed.\

However, if CUU moves to 150,000 tonnes and copper prices look sustainable above $3 for the next 20 years, a valuation above $2 is possible.\\

At this time I certainly won't count on those two things happening.

Bullboard Posts