Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Has anyone considered

skyaki

Mar 20, 2012 08:44AM

Re: Has anyone considered

mcsweep

Mar 20, 2012 09:17AM

Re: Has anyone considered

Chappy726

Mar 20, 2012 09:25AM

Re: Has anyone considered

trader101

Mar 20, 2012 09:40AM

cuuvette350

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Re: Has anyone considered

posted on Mar 20, 2012 10:07AM

Foxy:

Did anyone really expect it would happen before the BFS was released? I did. I also posted here on several occasions previously that I didn't think we would ever see the BFS before Teck buys us out. After this NR, I am even more convinced of that than ever. Did we know exactly when we were going to get paid out before March 19th? No.

lletea:

I see many are hung up on the TECK clock, but we will probably never see it get started. I thnik we'll probably get the revised RE in April and then TECK will act. TECK doesn't need Tetra Tech to give them the final BFS numbers; I'm sure TECK has enough people on staff that can get to those numbers with the info TECK has.

I agree with both of you here. If the Feasibility would have been released yesterday we would have all waited 120 days (4 months), bringing us to August 1st.

Now we can forget about the 120 days and the Teck back in because that is never going to happen. We will get bought out way before.

So what's the difference between waiting 2-4 months now and waiting for the 120 days (considering the feasibility was released yesterday)...no difference.

I look forward to the new resource more than the Feasibility.

Teck will act before.

No wthe question is when is that RE2 coming out..it has already been 1 month since the last assays came in....

Feb 3rd NR

''Upon receipt of the assay results from the remaining seven diamond drill holes of the 2011 program, expected shortly, the Company will initiate the preparation of an updated "Resource Estimate" to include the results of the 2011 program. The metallurgical test work results for the Paramount zone are very encouraging, showing a high percentage recovery for the various metals including silver."

March 19th NR:

Resource Estimate -- Preparation of an updated Resource Estimate for the Paramount and Liard zones is currently underway.

One thing that does not lie are these results:

DDH	Interval(m)	Copper %	Gold g/t	Moly %	Silver g/t	Cu Eqv %
398	532,1	0,42	0,27	0,02	2	0,67
	54,3	0,7	0,42	0,04	2,8	1,13
	213,7	0,47	0,37	0,02	3	0,78
399	508,1	0,39	0,1	0,05	2,09	0,67
	150,56	0,53	0,05	0,04	2,87	0,77
	54,5	0,45	0,33	0,06	3,01	0,94
401	490,24	0,43	0,25	0,03	2,4	0,75
	284,49	0,55	0,38	0,03	3,15	0,98
	83,8	0,66	0,5	0,04	3,1	1,17
402	576,68	0,31	0,32	0,03	2,27	0,7
	227,5	0,36	0,43	0,05	2,64	0,89
	53,75	0,45	0,53	0,06	3,74	1,12
403	170,18	0,23	0,11	0,01	1,52	0,36
	50,58	0,46	0,29	0,02	3,31	0,76
404	61,23	0,18	0,04	0	0,36	0,22
405	153,1	0,23	0,03	0,02	0,92	0,34
	484,31	0,47	0,34	0,02	2,22	0,82
	367,16	0,51	0,38	0,03	2,37	0,89
406	190,51	0,21	0,04	0,01	0,75	0,28
	15,88	0,54	0,1	0,02	1,65	0,73
407	519,17	0,4	1,98	0,025	0,025	0,69
	160,36	0,65	3,8	3,8	0,034	1,18
	99,85	0,28	1,23	1,23	0,031	0,56
408	339,52	0,36	0,07	1,9	0,03	0,57
	76,7	0,42	0,07	2,45	0,05	0,74
409	357,66	0,36	0,26	1,83	0,03	0,71
	154,53	0,43	0,27	1,7	0,04	0,81
410B	252,77	0,304	0,304	0,1	1,23	0,52
	24,68	0,514	0,514	0,18	1,42	0,78
411	590,44	0,39	0,246	0,031	2,06	0,73
	131,9	0,17	0,047	0,006	1,26	0,24
	387,8	0,49	0,3	0,04	2,43	0,91
412	100	0,16	0,165	0,01	1,8	0,33
	529,54	0,38	0,28	0,023	2,3	0,7
	145,52	0,48	0,274	0,038	3,61	0,89
	145,41	0,4	0,424	0,018	2,39	0,78
413	122,3	0,24	0,04	0,007	0,94	0,31
	130,65	0,34	0,21	0,03	2,25	0,65
	242,28	0,17	0,23	0,009	0,91	0,36
415	86	0,23	0,04	0,013	1,81	0,35
	65,53	0,49	0,55	0,04	8,79	1,1
	122,55	0,07	0,13	0,01	0,59	0,22
417	21	0,24	0,08	1,27	0,007	0,34
419	110,8	0,46	0,41	2,15	0,043	0,96
	136,7	0,55	0,2	1,88	0,013	0,76
423	21,66	0,2	0,05	1,1	0,001	0,24
	43,56	0,37	0,01	1,05	0,002	0,42
	9	0,5	0,01	1,07	0,003	0,53