GT aquisition by Newmont reveals what SC is really worthFor those still wondering what the real worth of SC is valued at by the market one should consider the latest latest acquisition of GT Gold by Newmont this year. GT Gold's Tatogga property with similar grades to SC located in the Golden triangle next to SC was bought in an all cash deal of 414M by Newmont. It's 8B Cu eq. resource was bought at just 0.052 cents per lb! If we apply this price to Cuu portion of SC we get 3B lb Cu eq. x 0.052 = approx 156M. Or 156M / 525 sh = 0.29 cents per share of CUU( this price excludes the Van Dyke property) ! A far cry from the $2 - $5 range pumpers on Agoracom are hoping to get for Cuu's portion of SC!.
GT Gold's price is very close to the purchase of 50% of Galore a few years back by Newmont also. Here's the real world price a Major is willing to pay for a low grade resource located in northern BC! Check out the link here to this analysis yourself:
https://thedeepdive.ca/copper-fox-gt-gold-transaction-indicates-company-may-be-undervalued/