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Gold/Mining/Energy : Copper Fox
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explorationguy
To: explorationguy who wrote (10528)7/31/2018 3:08:34 PM
From: dsikorsk1 Recommendation  Read Replies (1) of 10654
 
Great posts gents.

I crunched my own numbers this morning and got around 37 cents assuming Schaft has comparable economics to Galore (posted it on Agorajunk). I figure anything over 30 cents is pretty reasonable considering what has happened with this company since 2011. We'll see if CUU moves a bit on this news but I don't expect much when you consider management's track record of deal making. It seems like all the current and prospective shareholders know the drill here; unless there is a production decision or some other sign from Teck most majors would likely not touch this project unless they could gain equal partnership/say in the development of this project.
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