Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: VIRC

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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jafcan

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Re: VIRC - ES Experience or Lack There of

in response to

Re: VIRC - ES Experience or Lack There of

ppcguy95

posted on Jan 20, 2013 11:10PM

...How can you not have a price in mind when the company's sole objective is to sell schaft creek?...

Seriously PPCguy, surely you dont expect CUU mgmt to share any perceived sp.

I would think mgmt has a range of prices that they are preparing in anticpation of any offer or possible negotiations. In addition to Elmer, there is a wealth of experience with CUU, including board members, and whether we agree with some of the decisions / strategies, I would think they have knowledge and experience in determining a range of sp prices.

And while I'd like to know what the scenario is, I also realize they arent at liberty to share.