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: How do you want your buyout?
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Jul 28, 2012 02:12AM
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Jul 28, 2012 09:37AM
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Jul 28, 2012 11:03AM
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Jul 28, 2012 12:56PM
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Jul 28, 2012 01:26PM

But now that they've drifted to $28.66, I'm a little more open to the idea. If we were to get 100 per cent Teck shares in the buyout, I think I'd probably liquidate at least half.

Teck shares are marginable at a high %.

So if you're into that you don't need to sell them (trigger the tax) to buy what you want.

You just make the right picks or trades (timing is good), pay the interest (peanuts and tax deductible) and hopefully the Teck shares also move up, giving you that much more buying power. WINNING !

Teck is very liquid, has big daily volume 2-4 Million a day, sometimes more.

Teck could aslo be bought out itself while you're holding.


MES
Jul 28, 2012 04:17PM

Jul 28, 2012 05:38PM
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