Re: Copper Fox announces a $2,500,000 Private Placement Unit Offering, insider commi

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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BurningRoF

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Re: Copper Fox announces a $2,500,000 Private Placement Unit Offering, insider commi

in response to

Re: Copper Fox announces a $2,500,000 Private Placement Unit Offering, insider commi

xwolf

posted on Feb 22, 2013 02:31PM

Not sure I share the same view as you although it cannot be viewed as bearish news...

So we raised $1.5 million a month ago. Is that our current burn rate even without drilling? How is this money being spent? I am sure EE knows what the $2.5 million will be used for yet the minority shareholders are subjected to the "quiet period" spiel.