Just rereading Elmer's words in the last NR. I like the word "strategic" (in quotes in NR) and corporate flexibility.

Why would one need or want flexibility as one completes the FS? Elmer is positioning this correctly I believe, as it got a little harder to take CUU out completely I think. The $2M loaned from a director probably is tagged for the new lands, and whose to say they couldn't snap up some more cheap projects with another $2M? BXX (run by Elmer) has stated for a while now that they would acquire, explore, and then sell off properties as they proved up value. Good strategy if you are good at exploring and want to refill the piggy bank as you go instead of constant dilution with PPs.

AGM: Itching to hear more about the "strategy" next week at the AGM. Also, anyone want to have a meet and greet lunch/drink at Cactus Club a few blocks away after the AGM is over? Stockfriend and/or others? I could reserve some tables or see about a small section if there is interest.

FROM NR:

Mr. Stewart, President of Copper Fox stated, "The proposed acquisitions are "strategic" for Copper Fox which if verified expands Copper Fox's resource base separate from the large Schaft Creek copper-gold-molybdenum-silver deposit and provides the Company advanced projects located in the two major copper producing districts in Arizona. The acquisition of these projects provides Copper Fox corporate flexibility as it completes the feasibility study on the Schaft Creek deposit.