Additional funds **will be required** to complete the current planned activities and the Company may need additional equity in order to develop the project (Refer to Teck Earn Back Option).

I was lazy so I just found my post from Sep 26 and copy-pasted the most rellevant part. The NR they released for 3rd Quarter Results and Financing already indicated that additional funds will be required. In that post I bolded three statements from the NR. One statement each for the last two PPs (including the one currently open), and one new statement as bolded above showing additional funds "will be required." Not "may" be required. "Will" be required. Copper Fox, if anything, has shown themselves to be masters of using specific language in their NRs. Therefore, they've already told us that another PP (for more funds) will be required. Another possibility for getting more funds may be the cashing of warrants after the Blackout is lifted. I suppose that's a valid alternative to another PP, and I for one would welcome it.

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/547440-3rd-quarter-results-and-financing/messages/1724834#message

here is the link to the NR that has the quote I bolded above and in my post from the 26th:

http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=549955&_Type=News-Releases&_Title=Copper-Fox-Announces-Third-Quarter-Results

Hayz