I see that through all this panic, everyone is blinded at the news.

1. There is going to be an updated RE from the 2011 drilling. (Maybe with silver data).

2. Yes FS is delayed, but they brought in someone to look after it.

Copper Fox has retained Jim Gray of Moose Mountain Technical Services (MMTS) as its Company Representative to work in-house with Tetra Tech's mining team. Mr. Gray and the MMTS team have a considerable amount of experience in the planning and optimizing of large open pit projects over the past 30 years, including a number of projects in North Western BC, also the detailed mine plan for the Schaft Creek Preliminary Feasibility Study completed in September 2008, was performed by his group.

This is the most important.

http://ca.linkedin.com/pub/jim-gray/10/ba4/682

This is his linkedin and it shows he's with Teck as a Manager Resource Evaluation.

http://www.moosemmc.com/index.php/2

Has mentioned his work with Teck before as well.

So through all this, maybe it's Teck putting their hand in it and wanting one of their own guys to finish off on the mine plan?

Either way, deposit is still there, nothing has changed except of early exit. This is an opportunity to buy if you're still long.