Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: What if the bottom falls out???
FS
4
Nov 27, 2011 04:22PM

I'm sure investors in 2007, sitting at $1.48/share, would have laughed heartily at the prospect of a 5 cent share price in 2008.

I realize the project at Schaft Creek is at a comletely different stage now than it was then, but never say never. The markets have taught us that more than once.

Many of the current shareholders who speak out on these boards said with great certainty earlier this year that CUU would never see sub-$2 again. Then they scoffed when "bashers" predicted $1.50 was coming. Here we sit at $1.23 after bouncing off 88 cents at the end of September.

Best to talk about every possibility and have a strategy instead of ridiculing the idea that the worst could happen.

7
Nov 27, 2011 08:59PM
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