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: David sells - let's keep it in perspective
1
Jun 25, 2012 11:27PM
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Jun 26, 2012 04:00AM
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Jun 26, 2012 07:35AM

CUU outstanding shares = 387,970,000 (or there about?)

Float = 157,009,000

Restricted (insider) shares = 230,880,000 OR about 59.5% of outstanding shares

David Macdonald = 12,600,000 shares

David sells = 147,200 shares (by the way do we know 100% right now that it was David?)

SO:

David sold = 1.17% of his shares - OMG!!!!

David sold = 0.064% of insiders shares -OMG should we run for the hills?

Why all the worry? Any long time investor realizes that insiders sell their shares for many reasons. I have no time trying to figure out why David (if it is him) sold his. I am more interested in focusing on my day trades then to worry what David does. If he sold 50% of his holding, well that may be a different story.

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