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%)

Free
Message: Angry

We need to chill out people and relax. The first two weeks in March has been historically weak in the pm and metals markets. Couple that with the large sell of in Gold and Silver we have had recently and that explains the sell off in pm and junior stocks. This has nothing to do with the merits of this project or whether there will be further delays in the BFS. With no technical issues or drill results being waited on I just can't see any further reasons for another delay. Check out this article on the seasonal nature of the pm markets

http://www.kitco.com/ind/Radomski/20120316.html

We need to keep focus and think about all the signs that are pointing to near a term buy-out. New land claims, settlement of outstanding debt issues, shipping port and terminal contract in place etc. What does that all tell us folks? Something is brewing under the surface. I wouldn't be surprised if a buyout offer comes just as the BFS is released at the same time. No waiting for the 120 days and those that think they can trade and time this miss the boat completely.

Share
New Message
Please login to post a reply