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: Teck CEO
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Feb 29, 2012 04:07PM

Everytime they say Galore is a low priority our sp takes a beating. Anyone who follows this seriously knows Galore is a lazy dog. It will have it's day but that should rightly be a long time from now. Nova knows that too hence the desire to sell off. If Nova wants out you can bet we are talking many years. If it was 5 years ok but a decade... Nova shows us the truth of the matter.

As for us, we relly do need to brave it. Copper prices will soften over the time it takes to build and so will iron. Infact most metals will. So why not get on with it and take advantage of the weaker prices when it comes to building costs? I've advocated that we should build the mine. Mark my words, up to 2015 I see market turmoil. This should begin this April. We'll get a short rise in the fall and then an early drop. The USA election will determine the path that the markets take this year. Next year is a different story. Depending on what path they take. Austerity or spending. At the core of their economy is the grass roots system and it is seperating itself from the tax man and becoming self sufficient. This is where their strength lay. They need to seperate themselves from the yoke of global finance and tear down their government. Salvation can only come through the obliteration of their corruption. But, the people will turn inwards as the problems amount. I've written about this extensively.

I see no way around this. So like the Tarrot card Destruction, destruction can be with or without purpose. Without purpose it is just ruin. Ruin seems to be the path they are on. Poisoning the water, damaging the fields. What will be left will be the grassroot who will try to rebuild only to get wiped out by a natural disaster. Not a pretty picture for sure. They are just 1 volcano away from coming apart at the seams. China is no wonder land either. From those who know, Canada is a much better cow pie. At least here, you have the illusion of freedom. Yes, our autocrat/dictator wannabe is chipping away at our freedoms but my Chinese friends say that will take a long time and for the time being we can breath the air. My Indian friends say that if you have to live in a cow pie you should choose the warm one. Our pie is still warm.

Given the cheery outlooks it seems the best course of action is to sell now or go long. I would rather sell now. I have better things to do than sit and spin. I would rather wing it and risk taking lumps. This way I would know for sure if we were going to mine or not. How are we supposed to calculate the cost of our own money? If we mine then we can determine the real valuefor the 5 year return. I've done it and I'm happy. Should we sell now, I would take the offer regardless of what it was save less than I could get from a blue chip. I hope the company and EE are thinking the same.

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