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: Level 2: wall moved down to $1.06
16
MES
Apr 30, 2012 09:10PM

Good response

But we'll just have to agree to disagree on the reasons for the price action

There may be a small amount of action driven by your throry that a lot of people are very knowledgeable and feel comfortable playing CUU as a trader

I for one don't think there are enough shares in the float, to make the dramatic re-entry when the RE hits or the BFS drops, to warrant the risk of trading out of another issue and re-acquiring, not without a heck of a kick in the SP

Again, IMO, the major driver in the current trading is computer algorithms looking to shave a fraction of a cent on each trade, but doing it millions of tmes on hundreds of stocks

...and you cannot figure the motives for those trades based on fundamentals


MES
May 01, 2012 04:16PM
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