Re: Missed Deadline
in response to
by
posted on
Jan 24, 2013 11:48AM
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%)
Richy7 - I like the way you think.
Isn't it a possitive thing that there is also a good posibility Teck wants to buy us Copper Fox out 100%, before the filling on Sedar occurs? So Teck does not have to give Copper Fox the Liard shares? Maybe It's EE who is trying to get a good price at this moment for us and that is causing the delay?
We seemed to have jumped through hoops for TECK and for what? We'll see.
I for one am extremely disappointed in the lack of communication from management. Even if they put out that they are working towards an "Exit Strategy" that they used to have in their presentation on thier web site.
Elmer must recognize that he is walking on thin ice with retail. He must know that if he wants any of the retail's profit from the "liquidation event" to follow him to his next venture then he better wow us with the buyout price. Plain and simple.
This is not his first rodeo....he knows what he is doing.
But I for one will not invest another penny into his companies unless I see at least a $5.00 buyout with CUU. The poor communication is unreal and unacceptable.
I believe in CUU and am holding until the end. They have a ton of intangable assets going for them that just can't be ignored.
GLTA