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: Let's figure this out - cbew
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Jan 15, 2013 09:54PM
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Jan 16, 2013 01:04AM

If Teck were controlling the price it wouldn't do them any good anyway because the majority of the o/s are controlled by one insider. EE can reject Teck's offer if it is too low regardless of public perception.

I think a more likely reason for our low sp now is because we have been flying under the radar ( almost zero effective promotion from management ) and also our deposit BFS and back in agreement intricacies are not very well understood by many. I also think that our high percentage insider ownership is also a factor that discourages many funds from investing.

Imo, once we get closer to a solid offer from Teck or whomever, I think that is when we will see solid buying and support for the sp. Word will inevitably leak out then about a imminent deal but until then we just drift with the wind here around .80 - .90 cent range.

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Jan 16, 2013 09:52AM
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