Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: Rainy River Resources taken over by NGD

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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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Rainy River Resources taken over by NGD

BurningRoF

May 31, 2013 09:44AM

Nav2006

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Re: Rainy River Resources taken over by NGD

in response to

Rainy River Resources taken over by NGD

BurningRoF

posted on May 31, 2013 09:57AM

Thats reality of the current metals market situation.. Rainy got a 42% primium to yesterday's close. My 1.40-1.50 guestimate price for CUU might be a low ball offer, but its a +100% from the current price so if this was to end on the 4th June, I may not be that far off.

3 Recommendations

Re: Rainy River Resources taken over by NGD

RabidTiger

May 31, 2013 10:30AM

Re: Rainy River Resources taken over by NGD

YourNadir

May 31, 2013 10:53AM

Re: Rainy River Resources taken over by NGD

Foxyroller

May 31, 2013 11:15AM

Re: Rainy River Resources taken over by NGD

Pat66