6 Minute CEO - Elmer Stewart - Means Business
O&M Partners
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6 Minute CEO - Elmer Stewart - Means Business
300 просмотров · 3 г. назад
O&M Partners
1,09 тыс. подписчиков
300 просмотров · 3 г. назад
Project Overview and Resource Estimates: Copper Fox is engaged in the exploration and development of significant resources in North America. This includes* approximately 7.8 billion pounds of copper, 7 million ounces of gold, around 510 million pounds of molybdenum, and 54 million ounces of silver at the Shaft Creek site, as well as 717 Million pounds of copper at the Van Dyke project. *Measured and Indicated
Joint Venture and Funding: The company has a joint venture with a major industry player, Teck Resources, for the Shaft Creek project. Teck Resources is funding the entire budget for this project. This indicates a degree of confidence and support from an established player in the mining industry.
Monetization Strategy: Copper Fox plans to monetize these projects, potentially towards the end of the year or in early 2024. The company intends to distribute the proceeds back to its shareholders, which could be an attractive proposition for potential investors.
Future Exploration and Development: Copper Fox continues to develop its other projects, like the Van Dyke and Eagle Head projects, implying the potential for future growth. They are also looking to discover resources or make exploration discoveries on their other projects, providing an opportunity for potential future upside.
Stability and Positioning in the Market: Copper Fox operates in geopolitically stable districts, providing a level of security for investors. They are in the top tier of junior mining companies, indicating they have a balanced portfolio and substantial resources compared to their peers.