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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

Comment by cbewon May 17, 2023 5:51pm
88 Views
Post# 35453468

RE:RE:Funny Math on Streaming Deal from Wheaton

RE:RE:Funny Math on Streaming Deal from WheatonNow why would Teck want to make any streaming deal MK?  The only companies that make streaming deals are those juniors that have little choice in the way of financing a mine at a reasonable costs.  Streaming deals almost always accrue the advantage to the Streaming Company that buys the future production at a heavily discounted cost to spot prices.  It handicaps any future upside for the junior developer when metal prices go up!

A Major like Teck will have no problem securing its own financing at good terms so it most likely will not see streaming as an option to finance a mine.  You are being disingenuous again in imputing a value to SC based on this streaming deal.   The value of SC cannot be valued based on this or using discounted cash flow projections as it is not a producing mine at this stage or even near production as Teck has not even made a production decision. 


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