posted on
Dec 05, 2012 05:15PM
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%)
Message: Re: delay
I still dont understand how a buyout comes in at 300% of the average selling price. I believe I will make some money but really dont expect some of the lofty valuations that have been discussed here. If I made 50% on my money I would be very pleased. I know this will piss a lot of people off (not my intention) but since all the news is out there (except bfs) why wouldnt the stock already be trading in the 3 to 4 range? Regardless, I bought because I believe there to be upside from here
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