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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: News on Elmer's BXX!

Jan 12, 2012 08:21AM
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Would you say that these Big Players know what Copper Fox has in the ground and just standing by for the BFS?.....Why wouldn't they invest before the boost in the SP then? Any comments?

I agree the Big Players know what we have underground. Its all about Relative risk. Why invest in a company releasing a BFS then a possible 120 days for Teck to back in, NTL not complete yet, Galore Creek fiasco next door, single billionaire majority shareholder who might get hit by a bus tmrw etc etc. When you could invest in large cap producers or dividend producers in the near term while Euro troubles continue to make headlines contributing to market jitters leading to a possible crash where Jr's get hit first.

We are here because we "anticipate" a great BFS related to the drill results, low Capex, solid management, copper district potential, Chinese looking for large deposits... etc etc. Because we accept the risk for higher reward $$.

That a great point,,,,but the new drill results WILL NOT be in the BFS. We are using the old drill results from the past. In which will be good to begin with. The bottom line, if were using the old drill results then why the hold up on the BFS.....or ....If I were Elmer then when it comes to BXX, I would not use the same company.


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