Re: maybe?

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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Liddy77

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Re: maybe?

in response to

maybe?

moxam

posted on Sep 10, 2012 10:30PM

Following is text from a post cuuvette wrote on Aug. 24, regarding a telephone conversation he had with Elmer:

"Elmer this am..

Feasibility is on time 100%

I asked more questions about camp closing...he said ''you know how much it cost to have a camp open ?'' lol....I didn't buy that.

Then he also said the board voted to stop the dilution. I didn't buy that either, because what's an extra 5-10 million to unlock the value of the other zones...

I was pinned him with razor sharp questions, basically I could sense he couldn't answer my questions logically, because he's just not allowed to talk."

Seems to me if the Board voted to "stop the dilution" why did we send drill back, planning on drilling more holes? Did the Board know and approve of the drill being sent back? On spur of the moment decision, the Board were contacted? What about the expense and stopping the dilution? Wouldn't the additional PP now dilute the shares more?