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 03:16PM

The situation is liquid. Before they were talking about a total take out. Now they are company building. Just even bringing up the question of a cuu2 was enough of a hint to me as to what direction the co would take. However, if I had said that back then you all would have scoffed at the idea. Had the market stayed down or got worse and these opportunities didn't materialize I would have looked like an idiot and probably been branded a basher.

Suppose I told you that Bell copper was on that chart as a safe haven deposit that doesn't have water problems as someone mentioned for the one property. Suppose I said we were in negotiations since the last USA investor conference and the co was looking like it would fail so they had to accept our offer? Ask yourself why Bell is failing? How much risk would you have assigned to this? (Yes, I'm pretty sure we looked at other deposits in the USA too.) What if I added that we are being agressive because we know money is coming? Last, what if I had said that the deal is not 100% ironed out? Am I flip flopping? Is Elmer flip flopping? Did the company lie or is this too good to pass up so they had to change directions? Realize, they knew they would do this months ago and didn't even hint at it in all the calls you guys made to the office. (Notice when I changed tune?) What do you think we'll do about funding this project? Dillute another 100 million shares? My crystal ball works but it's not 100% clear at times. I can figure out what the companies alternatives are but times can change that. The lack of info makes it even harder. So if you expect perfection from me you got the wrong profit. I had this in mind when Jason said the company was working on something big. I suspect there's more coming. This isn't something big, it's just part of it.


Jul 09, 2012 03:51PM
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