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: Totally Confused...
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Jul 09, 2012 01:38PM

Teck is backing in. We are being kept around. There was a time when a company that bloated it's shares like we are now was considered a failure. Shares like money seem to have devalued with hyper inflation of the supply. To continue on as a viable company something has to happen. Given their disregard for the public I bet it comes just before the deal is struck. People will sell off expecting the price to slide back to a buck. They will get tricked out of their shares and then the deal will be announced. At 10 to 1 we'd be an expensive Jr. I think 4 to 1 would be closer to reality. Just enough to make it pricey. So whether it comes before or after, it must come. How many Jr companies have 400 million shares out?

On another note, I thought one of our directors wanted to retire? Hmmm, looks like they don't want him to sail off into the sunset with a briefcase full of cash.

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