lol proactiveinvestors take our NR's and just paste the important parts with market reaction.
We already know the Feasibility timing was bad, the communication wasn't clear, many got manipulated in the morning with fake asks, and the market didn't understand 1/2 our resource wasn't included in the pit and Inferred was charged as waste.
I did my best to explain it:
http://www.vette350.com/2012/12/copper-fox-metals-feasibility-measured.html
But I don't care what the market thinks, I care about what Teck thinks and they know what we know and more.
Like I posted: beauty is in the eyes of the Beholder:
http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/558703-buy-out-price/messages/1758286#message
Next NR should read:
Copper Fox Metals is pleased to advise that Teck Resources has acknowledged receipt of the Feasibility notice on the XXXX. Copper Fox Metals has now earned Teck's 78% interest in Liard. Teck Resources has 120 days to exercise it's back-in right in which if Teck wishes to exercise its back-in right, it may earn;
- a 20% interest by matching prior incurred expenditures, or it may earn;
- a 40% interest by matching three times prior incurred expenditures, or it may earn
- a 75% interest by incurring four times prior expenditures and arranging all production financing.
