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: Patience?

I gave you a pretty good interview. I hope you don't expect that monthly. I don't get paid by the company (lol). If the board has questions I can do another top 10. I was waiting to see the plan for the year before I put them to the questions. We need to wait till about the 18th to see where the global position is heading too. Then a conference call would get more meaningfull answers for us.

I did have some follow ups. I want to know more about the geology of the drill results so I need to see the assays. We all want to know about the silver. We need to see the assays for 423 and 24. The microscope tells only so much. I have a running dialog about the geology and like to predict what the drills will turn up. This is a bit of a game between Elmer and myself. So far so good. 419 is needed to confirm the mine plan. Like I said, if we do hit a thick sheet of copper... back to the drawing board but with 4 billion more in the kitty. The other holes will come back strong and the one through the heart of the blob will add to the reRE in a big way.

Like everyone else, I want my money now. But, the liquidity drain is still pulling the Jrs down. It's crazy but that's just the way it is. QE3 is coming but my concern is a superficial hyped rise before the Greek debt call collapses us in May. I know Teck is buying oil and other stuff to round out it's saftey net while improving their own economics so this may mean we have to go to the world stage early by dropping the BFS on them. I would rather own this as a mine but I can't wait 4 years either. Given the impending crash we could get it built cheap but might have to wait a long time for prices to come back after the crash. Elmer and the gang know this too.

I think they will have one final meeting before they bring on the BFS. This should happen next week.

Teck wanted the companies switched because they want a second set of books, ones we will never see. That means they will buy us but on their schedule and not ours. No one likes that. We want them to decide now or we go to the general market. But, that is why Teck asked for the change. I still expect the BFS after the Vancouver show. That will be the last "Fair Call" to market. After that the kid gloves come off.

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Jan 11, 2012 09:39PM

Jan 12, 2012 12:39PM
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