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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: Copper Fox reports 2011 annual financial results and a corporate update Copper

After a good sleep, I think if Elmer had real doubts that the FS could be delayed beyond Q1 he would had opened the door and formulate wording in that direction. I think the wording used is more to excuse the past delays than to predict further delays. If I'm not mistaken, this would have been an ideal timing to inform us of another potential short delay. I think, even if retail wont change much to their life, that the attention they put into details actually shows respect toward us in the sense they provide a valid explanation on why it was delayed so much in full words so we can understand.

So March 31st maximum it is. GLTA

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