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: Weekend poll: What's your high/low purchase price?

I found CUU because I started reading insider reports of juniors looking for lots of insider buys and continued ownership without sales. So naturally I stumbled on CUU!

At the time, I was trying a policy of grabbing 20%. So I bought CUU at .295 and sold it at .36. This was Jun to Aug of 2010. I continued to watch it though, and did more DD. I decided to accumulate. I now have about 15% of my cash portfolio in CUU with an average cost of around $1.32. I've paid as much as $1.94.

It is very tempting to go deeper but at my age and family situation I can't. I'm in until the end however. If we get to the $20 range it will accelerate my retirement big-time. But the more realistic $5 projections will make me happy too.

For now, I'm just happy to be in the black again.

I enjoy this forum. I've totally bailed on SH. Keep up the good work all!

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Feb 05, 2012 12:10PM
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