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%)

Free
Message: I Emailed Elmer

In my conference call they said they would like them in but doubted it could be done wthin the window of opportunity. This means No Delay. They are going for the clock because the data is sufficient for Teck. (This could only come from Teck).

We will persue a new mine plan, RE2 and Updated BFS while the clock ticks.

We are seeing the effect of tax selling. There are too many others to sell so this is the absence of sellers. Buyers are overwhelming the sellers and why not. This one is about to give major news. Even TD seems to know it.

If we continue to see 10 cents through the week we could ramp during TFSA. The smart thing is to get up early. I suspect someone will try take profits during the buying so longs might want to wait a bit and see where the best entry point is. Barring huge news, this should hold up. What we have to watch for is a snap offer. We've all heard the rumors that several buyers have kicked the copper wheels. We know the Polish were there in 08 and did a very detailed study. With candidates like that an offer would blow up my predictions for the sp.

I've advised my group to not get caught up in this thinking but to not disregard it. See profits, take profits. The price point for this week is $1.28 and the thresh hold is $1.17 so if profits are taken by my group it will begin there. Since this may come in under (estimate from Sunday), with just today and tomorrow there was not a lot of profit taking and may lead to Friday buying. (Spread required to make it worth it). Buying will occur in ernest if there is a 12% gain before the end of the day today as this will signal market interest with possible news. I've picked these trends based off buyer frequency clusters and other data.

Share
New Message
Please login to post a reply