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: CUU all the way
6
May 23, 2012 05:38PM

If the predictions of fall are correct for our run-up in anticipation of a buyout, then I figure I can buy about 12-15 per cent more on top of what I already own, based on my income and a s/p close to what it is now.

That's a big if because the buyout has been a moving target for well over a year.

No matter. I will pocket all the CUU shares I can from now until the day the sold sign appears at Schaft Creek.

When I first got into investing in 2009, I kept looking at the charts and seeing individual stocks and indexes falling off a cliff. I would sit there and think to myself, "Why couldn't these foolish investors pull the plug before they lost so much money?"

I guess I could think similarly if I look at how Copper Fox has fallen from it's high of $2.75 to where it is today. And yet instead of fleeing, I'm looking to continue buying.

As Iletea says, I will only have myself to blame if this goes bust. But I CANNOT imagine that happening. And with all the skin the insiders have in this game -- especially David MacDonald who was buying over $2.00 -- I simply can't conceive of a complete collapse here.

The 90s are looking likely. The 80s are a possibility. I don't expect any of that to make one lick of difference in four to six months from now when we are bought out for $3 to $5 per share.

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