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: Not quite the breaking news alert I was looking for

First of all, $1.50 is almost a double from here. That's a pretty good return so there is not much point in selling.

Second of all, I did sell a chunk after the feasibility was released.

Third of all, I did not get into this stock expecting a $1.50 buyout. My initial price was much higher due to inaccurate assumptions on my part as well as misleading information on the Company's part. If you remember, it was not too long ago their presentation lead us to believe the operating costs were going to be negative 4 cents per pound. This would have meant a huge NPV and a high buyout price. However, conditions have changed and that's lead me to adjust my buyout price.

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