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: Bird's-eye view
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Oct 23, 2012 09:08AM
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Oct 23, 2012 10:12AM

I would wait for the second wave. Better to buy when the tide is going up. Who ever did this did it as a warning shot. It is keeping those warrants out of the money. We have seen this before but not so servere. CUU responded by giving EE a lower cost on the remainder of the pp. This shot was deep. It implies to me that the holder can do it again. If the pp is overly generous as a result of this we will know that the company or insiders were involved in manipulating us. If we get hit with a second shot this week we will know it's a very unhappy large share holder.

You say $1.15 on the warrants? Sounds excessively cheap to me. PP prices should be going up not down.


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